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Tedious Journey towards W’African Single Currency

Posted on 23 July 2014

Since 1987 when the Economic Community of West African States (ECOWAS) Monitoring Cooperation Program (EMCP), saddled with the responsibility of introducing a common currency in the sub-region, was adopted, the body has continued to push for the implementation of the policy.
Those involved in this project strongly believe that a common currency for the West African Monetary Zone (WAMZ) would facilitate trade in the region and also stimulate growth. The proposed currency, which has been christened ‘eco,’ according to the plan, will be initially introduced in the member countries of WAMZ………………………………………..Full Article: Source


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