Greater than 30 Journalists have attended a one-day coaching on Speaking Financial Coverage to the general public.
Monrovia, Liberia; August 8, 2025 – The Central Financial institution of Liberia (CBL) has performed a one-day coaching on Financial Coverage Communications for over 30 native journalists in Monrovia.
CBL Deputy Governor for Financial Coverage, Dr. Musa Dukuly, offering an summary of the coaching held on the CBL Convention Room on Ashmun Avenue, underscored the necessary function of journalists in reporting on the financial system, significantly insurance policies that have an effect on the lives of the folks.
He famous that seasoned and skilled journalists have helped inform and educate the general public about monetary and financial insurance policies.
He stated the coaching won’t be a one-time initiative, because the CBL seeks to construct bridges with the media, saying, “Let this be the start of a deep and constant collaboration between the Central Financial institution of Liberia journalists within the nation.
On the identical time, Dr. Musa emphasised the necessity for journalists to be skilled of their reportage, saying, “If you end up credible, folks will all the time go after you to your skilled reportage.”
The Director of the Division for Analysis, Coverage and Planning on the Financial institution, Jefferson Kambo, who gave an summary of the Operations of Financial Coverage, stated this coverage is necessary as a result of it helps to maintain inflation inside single digit so as to obtain financial stability.
Director Kambo additionally stated one of many major aims or capabilities of the CBL is to take care of monetary stability and assist authorities financial packages, whereas Deputy Director for Financial Coverage, Analysis and Planning, Rajie R.Adnan, described inflation as a normal improve of costs in an financial system over a 12 months.
“It impacts every thing else; inflation impacts financial coverage and structural coverage”, Rajie defined and clarified notion within the public that the CBL units the trade price. On the contrary, he stated the every day trade price is set by charges provided by licensed foreign exchange bureaus, industrial banks, and companies.
However the Liberian financial system can also be pushed by international financial elements, because the nation is closely import-dependent and export susceptible, in response to Michael D. Titoe, Jr., Deputy Director for Macro-economic Forecast, Analysis, and Coverage Planning.
He stated exterior shocks matter in an financial system. Financial Coverage works higher when the general public understands the rationale behind it. Story by Jonathan Browne
