Member States Of ECOWAS Fixes 2027 For Eco Currency Implementation

Member States Of ECOWAS Fixes 2027 For Eco Currency Implementation Member states of the Economic Committee of West African states, (ECOWAS) have fixed 2027 for full implementation of a single currency, Eco. Members countries have been urged to work towards meeting the 11 convergence criteria including an end of year single inflation and fiscal deficit of not more than 4 per cent of GDP for qualification. So far only 6 out of the 16 member states have rectified the agreement. Addressing a news conference to climax the ordinary summit of ECOWAS at the Kempisky hotel, president of the commission Jean…