West African countries may soon witness a boost in growth and wealth as their leaders have reaffirmed their political will to meet the Economic Community of West African States (ECOWAS) single currency programme deadline by 2020.
The leaders made this commitment this week at the fifth meeting of the Presidential Task Force on the ECOWAS single currency programme in Accra, Ghana.
Speaking at the meeting, Ghana’s president, Nana Akufo-Addo said the single currency, the ECO, will remove trade and monetary barriers and ultimately improve the economies of West African states.
“It is meant to encourage production of goods and services within the region. It is, thus, incumbent on us to strengthen the productive base of our economies, and to improve agricultural productivity and industrial production,” he said. read more
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