Bank of Ghana warns misinformation poses serious threat to economic stability

Misinformation and disinformation pose a severe threat to economic stability, the Director of Communications at the Bank of Ghana (BoG), Bernard Otabil, has warned.

Speaking at a workshop for journalists in Koforidua, Mr Otabil said ethical financial journalism had a vital role to play in tackling the spread of false and misleading information, which he described as a serious global threat.

The workshop, held from 19th to 21st October 2026, was organised to strengthen journalists’ understanding of central banking and improve standards in financial reporting.

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Mr Otabil said accurate reporting was more than a matter of professional conduct, arguing that it was also an important economic asset. He warned that misleading headlines could cause market panic and weaken public confidence.

He urged journalists to report with accuracy, fairness and independence, while also presenting economic issues in ways that people could understand. “The cedi is not just paper or coin, but trust,” he said.

The communications director repeated the Bank’s call for credible and ethical journalism, particularly when reporting on financial and economic matters.

He also confirmed that the Bank of Ghana would continue engaging with the media through broader training programmes and discussions with stakeholders.

Participants at the workshop welcomed the initiative and thanked the Bank for organising it.

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