BoG launches ‘Student Observership’ to demystify monetary policy

The Bank of Ghana (BoG) has introduced a new educational observership programme to give university students direct exposure to the work of the Monetary Policy Committee (MPC) as part of efforts to make its policy rate setting more transparent and easily understandable to the public.

Dr Johnson Asiama, Governor of the Central Bank, announced the initiative at the opening of the 131st MPC meeting on Monday, explaining that the first cohort of students from the University of Ghana would sit in on aspects of the Committee’s proceedings this week.

Dr Asiama explained that building public understanding of monetary policy was even critical at a time when the economy faced both domestic and external pressures, including rising inflation and global oil market volatility.