The Bank of Ghana (BoG) has emphasized the crucial role of the media in conveying accurate economic information, urging journalists to prioritize professional ethics and accuracy over speed in their reporting.
In a recent statement, BoG acknowledged the media as “important partners” in fostering public understanding of its activities and highlighted the need for careful and precise reporting in an ever-evolving economic landscape.
Bernard A. Otabil, the Communications Director at the Bank of Ghana, highlighted that the BOG is more effective when the public comprehends their work, which the media has been instrumental in achieving.
During a two-day workshop organized by the BOG for selected journalists in Kumasi, Otabil encouraged the media to provide accurate reporting of essential economic and business facts.
He emphasized that these facts include the inflation rate, company profits, and various investment options such as treasury bills and bonds.
Otabil also urged the media to move beyond reporting facts and to analyze and explain economic developments and their underlying reasons.
Furthermore, he called on the media to uphold professional ethics and prioritize accuracy over speed in gathering and disseminating information.
The training, he said, aimed to elevate standards and motivate the media to strive for the highest professional standards by enhancing and honing their skills.
