Editors from the Private Newspapers and Online Publishers Association of Ghana (PRINPAG) have resolved to support the Bank of Ghana(BoG) deliver on it’s mandate through contextualized financial reporting.
President of PRINPAG, David Tamakloe
The Editors made the resolution in an interview with senaradioonline.com after a 2-Day residential training workshop organized by PRINPAG in collaboration with BoG in Ada on January 24-25 under the theme “Resetting the economy: The role of journalists, news publishers, and media owners”.
“ I see this training to be useful for the work that we do as agents of change. What we’ve leant for the past two days is so crucial and would help enhance our financial reporting skills.
Minister of State in charge of Government Communications, Hon. Felix Kwakye Ofosu
As beneficiaries, I think we need practicalize it by writing to support the BoG deliver on their mandate
And this, we must all be committed. It’s an ‘Ada Accord’, President of OPAG Efo Mawugbe emphasized.
Many expressed their resolve to publish financial stories that inject confidence into the people about the economy.
Head of Communications, BoG, Bernard Otabil
Earlier, in a welcome address, President of PRINPAG, Mr. David, Tamakloe commended the Central Bank for the support stressing that “the expectation is that the participants arm themselves with the knowledge they acquire from the workshop to better interpret the Bank’s data-driven, forward-looking decisions, to analyse its focus on stability over speed, and to report on its institutional reforms not as isolated events, but as interconnected steps towards consolidating our economic recovery.”
He emphasized the acknowledgement of the media’s critical role and contributions by BoG in the past difficult years stressing that as the Bank works to consolidate the gains made and stay disciplined, the role of the media is most needed to stay the course.
“As we look to 2026, a year dedicated to “consolidation and discipline” our role becomes even more critical. The stability achieved must be explained, protected, and nurtured by a media corps that is informed, responsible, and cognizant of its shared national responsibility”.
He urged PRINPAG members to pay special attention during the sessions, and urged them to ask the most difficult questions, and demand for clarifications.
He expressed optimism that the BoG’s would be committed to carry the media along as it rolls out it policies and programs in the year ahead.
Addressing the media on behalf of the Governor of Bank of Ghana, Dr. Francis Kumah expressed the Central Bank’s commitment to build the capacity of the media in financial reporting.
“We will scale up specialized training for journalists and editors on monetary policy, FX market operations, payments oversight, and financial stability. These sessions will blend practical case studies with data interpretation and ethics in market-sensitive reporting”, he said.
Dr.Claudia Kumah
According to the Governor
incomplete or de-contextualised reporting can amplify uncertainty, especially in FX markets hence the need for the media to establish internal verification checks for market sensitive stories by prioritizing official data sources and resisting the velocity of rumours.
“ When in doubt, utilize the Bank’s official channels to verify information before publication”, he said.
The Minister of State in charge of Government Communications, Hon. Felix Kwakye Ofosu, on his part assured PRINPAG of government support and challenged PRINPAG leadership to innovate and adjust to the changing technological trends in order to stay afloat.
Some of the topics treated were Ghana’s macroeconomic framework and the role of the Central Bank, monetary policy, fiscal coordination, and debt management, responsible economic and financial reporting in an era of misinformation handled by Claudia Kumah of the Research Department of BoG, Digital value system in Ghana’s economic reset understanding virtual assets, digital currency and responsible media reporting”, by Prof Hugh Aryee, the Chief Executive Officer (CEO) of HanyPay.
Source:www.senaradioonline.com
