By Francis Ntow
Accra, Sept 25, GNA – Selected students from the University of Professional Studies, Accra (UPSA) and the Ghana Institute of Management and Public Administration (GIMPA) joined the Bank of Ghana’s Monetary Policy Committee Educational Observership Programme to be sensitised on how the monetary policy is formulated.
The second cohort came following students from the University of Ghana participating in the programme.
It ran alongside the Central Bank’s 132nd Monetary Policy Committee (MPC) meeting held between September 23 and 24, 2026, as the Central Bank promoted transparency and deepened public understanding of monetary policy processes and decision.
For this edition, final-year economics and related students were selected to observe proceedings, engage policymakers, and understand the data and deliberations that shape interest rate decisions.
The students described the initiative as a delight and a privilege, expecting to gain knowledge that would help demystify the policy process, while exploring ways the youth could contribute to Ghana’s economic management in future.
“It’s a pleasure to be part of the Educational Observership Programme. My expectation is to find out how they are involved in making monetary policy decisions and study how it is done transparently,” Nana Baffoe, a final-year Economics student at UPSA, said.
Linda Adobea, also a student from UPSA, said she was eager to deepen her knowledge of the Bank’s work, saying: “I’m looking forward to learning more about the MPC process and to know more about Bank of Ghana.”
Beyond the current engagement, students called for broader youth involvement in monetary policy discourse, suggesting outreach beyond the Bank Square campus to other institutions.
The Educational Observership Programme was introduced in July 2026 by the Bank to bridge the gap between the central bank and the academic community, and to build a pipeline of young Ghanaians with practical understanding of macroeconomic management.
Dr Johnson Pandit Asiama, speaking earlier about the programme, noted that textbooks and handbooks were full of information on economics and monetary policy process of a central bank during academic studies, which remained the building block.
Most students, he said, were familiar with rate announcement but missed in-person experience to appreciate the extensive work that produced the rate decision, including the myriads of data on various economic aspects.
He explained that engaging students formed part of the Bank’s broader commitment to transparency, public engagement and policy credibility, helping demystify monetary policy and inspire future Ghanaian leaders.
“Through this initiative, we seek to demystify the monetary policy process by providing students with practical exposure to the analytical work, technical discussions and communication processes that underpin the Committee’s decisions,” Dr Asiama noted.
GNA
Edited by Agnes Boye-Doe
Reporter: Francis Ntow