🇧🇫Burkina FasoWest Africa
BCEAO trains media professionals on economic and financial issues in UMOA
via Lefaso.net3 min read
The Central Bank of West African States BCEAO organized a two-day seminar in Dakar for media professionals from the eight member countries of the West African Economic and Monetary Union UMOA. The initiative aims to equip journalists with a better understanding of monetary, financial, and digital challenges shaping the future of the UMOA region, thereby enhancing public understanding of economic issues. Habib Thiam, Secretary General of the BCEAO, welcomed participants on behalf of Governor Jean-Claude Kassi Brou, highlighting that this is the second such event, following one in 2013, demonstrating the Central Bank's commitment to sustained dialogue with economic media. Thiam emphasized that the BCEAO operates in a rapidly changing environment marked by geopolitical tensions, economic shifts, security concerns, and technological advancements, necessitating continuous adaptation of its policies. The BCEAO seeks to foster a communication approach based on proximity, education, and anticipation to make its decisions more transparent and promote public understanding of monetary policies. Journalists are seen as crucial intermediaries, simplifying complex subjects and strengthening the public's economic and financial literacy. The seminar's agenda covers the BCEAO's missions, monetary policy mechanisms, financial stability, the UMOA banking system, economic financing, digitalization, financial inclusion, and financial education. Special attention is given to payment systems and in
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