Bank of Ghana says media are essential to understanding monetary policy
By the AFREEQUE newsroom, based on The Ghana Report
Illustrative image · Boko Shots · Pexels · Licence PexelsThe governor of the Bank of Ghana, Johnson Asiama, said the media's role is essential in helping the public understand monetary policy, inflation and financial sector reforms. Speaking at the 30th Ghana Journalists Association awards, he reaffirmed the institution's support for rigorous economic journalism, The Ghana Report reports.
The governor of the Bank of Ghana, Johnson Asiama, called the media essential partners in helping the public understand the country's monetary policy and financial developments. He was speaking at the 30th edition of the Ghana Journalists Association (GJA) awards, according to The Ghana Report.
According to him, accurate and balanced coverage of monetary policy, inflation, exchange rate movements and financial sector reforms is decisive in explaining decisions that affect household incomes and the whole economy. The governor said central bank policies become more effective when citizens understand their objectives, and that transparent communication with the press strengthens public trust.
Johnson Asiama recalled that the Bank of Ghana created the "Governor's Economic and Financial Story of the Year" award, intended to support the training of journalists able to raise the quality of coverage of economic issues in the country.
