By 
Monrovia, Liberia The Central Bank of Liberia (CBL) has warned that inaccurate or poorly framed economic reporting can trigger panic, destabilize markets, and even cripple the nation’s fragile economy.
Speaking at a special training for journalists in Monrovia, Director of Research, Policy, and Planning Jefferson Kambo stressed that informed journalism is critical to economic stability, as monetary policy affects every Liberian — from food prices to job opportunities.
Kambo cited examples from Ghana, Nigeria, and Kenya, where misreporting of sensitive economic indicators fueled currency depreciation, investor panic, and inflation surges. Liberia, he noted, narrowly avoided a financial crisis in December when a local outlet published claims that there was “no money in the bank,” a report later debunked by the CBL.
> “Some information may be factual, but the way it is reported can kill the economy,” Kambo cautioned. “A single headline can cause a bank run and collapse the sector, which would paralyze business activity nationwide.”
The CBL pledged continued engagement with the media through training sessions aimed at equipping reporters with the skills to interpret and communicate complex monetary policy issues with accuracy, context, and sensitivity.
“Liberia needs a financially literate citizenry, and that starts with a responsible and well-informed press,” Kambo said, officially declaring the training open on behalf of Executive Governor Hon. Eric Elsomwan.
