PRINPAG and BoG train journalists on MPC and financial stability reporting

Adnan Adams Mohammed

Selected journalists from the Eastern, Volta and Oti regions have been trained on Monetary Policy and Financial Stability Reporting to help improve their knowledge on the operations of the Bank of Ghana (BoG) for informed reporting.

This is to equip the journalists to properly communicate on issues of the BoG to the public to inform their decisions and enhance development.

The two-day training workshop, which ended in Ho on Friday, was organised by the Private Newspaper Publishers Association of Ghana (PRINPAG) with support from the BoG.

Participants were taken through issues relating to Monetary Policy Committee (MPC), Financial Stability amongst others.

Dr Ernest Addison, Governor of the BoG, whose speech was read on his behalf during the workshop, urged financial journalists to acquire more knowledge to unearth and publish issues through responsible journalism to ensure financial stability in the country.

However, Hon Johnson Avuletey, Deputy Regional Minister commended BoG for supporting the training, and said it would be instrumental in promoting financial literacy amongst the public, indicating that it was good for the country’s economy.

Mr David Tamakloe, Vice President of PRINPAG expressed the need for the BoG to strengthen its Communications Department to lead discussions on its operations and prevent misinformation of the public on MPC and financial issues.

He suggested to the BoG to explore local languages in communicating its issues to members of the public for effective appreciation of BoG notices.