The Director of Communications at the Bank of Ghana (BoG), Mr Bernard Otabil, has cautioned journalists and the media against treating the Central Bank's stories with propaganda spins.He said such practices kill investor confidence and also have serious implications for the economy.Mr Otabil gave the caution at a two-day training workshop organised by the BoG for journalists in the Western and Western North regions in Tarkoradi.The training which ended last Wednesday was part of the bank's efforts at ensuring that the media accurately interpreted and reported on economic issues, monetary policy decisions and their implications.Mr Otabil indicated that due to technology advancement, information and stories travelled with so much speed, but, added that, attempts to influence BoG stories by spin doctoring would have a huge implications for the economy and Ghana's investment drive.He said, there were a lot of spin doctors 'crowding' the media space, but urged participants, to count the Central Bank out in such narratives, stating "don't do propaganda spin when it comes to the Bank of Ghana."That BoG, he explained, played a pivotal part in economic management and that, any negative story would have a multiplying effect across the economic value chain including Foreign Direct Investments (FDIs), Cedi stability, remittances, fuel prices and incomes."As journalists, you have a collective responsibility to do accurate reporting.
Don't assume.
Work with precision- report with clarity and accuracy.
Central Banking is a serious business.
