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ECOWAS Finance Ministers, Governors discuss future of ECO


ECOWAS Finance Ministers, Governors discuss future of ECO

January 20, 2020 at 12:37 PM

Finance and Economic Ministers and Central Bank Governors in West Africa have expressed reservations about the recent renaming of the common currency for member countries in the Francophone zone (CFA?Franc) to ECO.

They described the action as a "unilateral" decision that was not in line with the requirements for the adoption of the ECO as a common currency for the West African sub-region.

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