NEWS: ECOWAS Ramps Up Efforts to Launch Regional Single Currency, Shares 2 Benefits

ECOWAS Ramps Up Efforts to Launch Regional Single Currency, Shares 2 Benefits

ECOWAS reaffirmed plans to launch the single currency by 2027, adopting criteria for candidate member states during its 66th Ordinary SessionThe ECOWAS Commission and WAMA were tasked with implementing reforms, while member states must ensure financial contributions to support the ECOThe ECO aims to cut trade costs, boost regional trade, and drive economic growth, with experts suggesting a phased implementation alongside national currencies

The Economic Community of West African…

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