{"id":58379,"date":"2024-05-17T06:30:44","date_gmt":"2024-05-17T06:30:44","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting"},"modified":"2024-05-17T07:10:18","modified_gmt":"2024-05-17T07:10:18","slug":"central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting","title":{"rendered":"Central Bank Of The Gambia Launches 3-Day Journalist Training On Financial Reporting"},"content":{"rendered":"

Africa-Press – Gambia. <\/strong><\/span>The Central Bank of The Gambia (CBG) kicked off a three-day workshop dedicated to enhancing the financial reporting acumen of journalists from various media outlets.<\/b><\/p>\n

The training program, which commenced on Tuesday, is designed to bolster the journalists\u2019 abilities to accurately and effectively cover topics related to economics, banking, and financial matters within the Gambia.Recognizing the vital role that journalists play in disseminating information, the CBG values their contribution to educating the public about the bank\u2019s objectives, operations, and overall function.<\/p>\n

The event assembled a mix of seasoned journalists, editors, and lead reporters to engage with Central Bank officials. This interaction aimed to deepen their understanding of the bank\u2019s goals, principles, and activities.<\/p>\n

Muhammed S. Bah, President of the Gambia Press Union, highlighted the Central Bank\u2019s significant influence on the country\u2019s economic framework. He outlined the bank\u2019s diverse responsibilities, which include maintaining stability in prices and exchange rates and fostering economic growth.<\/p>\n

Bah stressed the necessity for journalists to grasp the complexities of the Central Bank\u2019s responsibilities. He pointed out that the bank\u2019s decisions have a tangible effect on the Gambian populace, affecting everything from the cost of living to the stability of the nation\u2019s currency.<\/p>\n

He also emphasized the importance of a reciprocal relationship between the press and the Central Bank. While journalists work to understand monetary policies, the bank should also appreciate the media\u2019s role.<\/p>\n

\u201cAs journalists, it is incumbent upon us to comprehend the intricacies of the central bank\u2019s mandate. We must delve into its objectives, understand its policies, and scrutinize its actions. Why? Because the decisions made within the central bank have a direct impact on the lives of every Gambian. From inflation targets to currency stability, these factors influence the cost of living, the availability of credit, and the overall health of our economy,\u201d he said.<\/p>\n

Bah called for journalists to not only understand but also hold the Central Bank accountable, as transparency and accountability are fundamental to democracy. He encouraged the media to serve as vigilant overseers of the bank\u2019s actions, ensuring they align with the public\u2019s best interests.<\/p>\n

\u201cOur responsibility does not end with understanding. We must also hold the central bank accountable. Accountability is the bedrock of democracy. It ensures transparency, fosters trust, and safeguards against malfeasance. Through our reporting, investigations, and analysis, we must act as watchdogs, ensuring that the central bank operates in the best interest of the people it serves,\u201d he said.<\/p>\n

He commended the CBG for organizing the workshop, viewing it as a testament to their dedication to openness and responsibility. He urged participants to take full advantage of the training to enhance their knowledge and collaboration and ultimately contribute to a thriving Gambia.<\/p>\n

Dr. Paul J Mendy, Deputy Governor of the Central Bank, shared that the CBG is actively employing strategies to combat inflation and other economic challenges. He reported a decrease in the inflation rate from 16.2% to 14.9% as of May 14, 2024, marking a significant step forward, particularly in comparison to other regions.<\/p>\n

\u201cI am happy to report that. While our war against inflation has not been won yet, we are making progress. For example, the country\u2019s inflation rate has dropped from 16.2 percent to 14.9 percent as of 14 May, 2024. This is significant especially when comparing our current economic situation to others within the subregion and beyond,\u201d he said.<\/p>\n

He acknowledged the global economy\u2019s volatility and underscored the heightened need for strong alliances between central banks and the media.<\/p>\n

\u201cWe have realized that even though our work cuts across and affects all spheres of socioeconomic activities. Not many people adequately understand this. For instance. If inflation or interest rates rise, consumers of varying economic status will feel the impact,\u201d he added.<\/p>\n

Dr. Mendy reassured the journalists of the CBG\u2019s commitment to transparency, inviting them to freely approach the bank with any public inquiries or concerns. He affirmed the bank\u2019s ongoing efforts to maintain an open dialogue with the media and the public at large.<\/p>\n

For More News And Analysis About Gambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Gambia. The Central Bank of The Gambia (CBG) kicked off a three-day workshop dedicated to enhancing the financial reporting acumen of journalists from various media outlets. The training program, which commenced on Tuesday, is designed to bolster the journalists\u2019 abilities to accurately and effectively cover topics related to economics, banking, and financial matters […]<\/p>\n","protected":false},"author":84,"featured_media":58378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[2355,2361,260],"class_list":["post-58379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"\nCentral Bank Of The Gambia Launches 3-Day Journalist Training On Financial Reporting - Gambia<\/title>\n<meta name=\"description\" content=\"The Central Bank of The Gambia (CBG) kicked off a three-day workshop dedicated to enhancing the financial reporting a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Bank Of The Gambia Launches 3-Day Journalist Training On Financial Reporting\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of The Gambia (CBG) kicked off a three-day workshop dedicated to enhancing the financial reporting a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-17T06:30:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-17T07:10:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/05\/sm_1715916962.817304.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1008\" \/>\n\t<meta property=\"og:image:height\" content=\"567\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Central Bank Of The Gambia Launches 3-Day Journalist Training On Financial Reporting\",\"datePublished\":\"2024-05-17T06:30:44+00:00\",\"dateModified\":\"2024-05-17T07:10:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting\"},\"wordCount\":695,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/05\/sm_1715916962.817304.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/central-bank-of-the-gambia-launches-3-day-journalist-training-on-financial-reporting\",\"name\":\"Central Bank Of The Gambia Launches 3-Day Journalist Training On Financial Reporting - 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