ECOWAS Presidential Taskforce Resolves To Meet Single Currency's 2020 Deadline

The fifth meeting of the Presidential Task Force on the ECOWAS Single Currency has reaffirmed its commitment to meet the ECOWAS Single Currency Programme deadline by 2020. 

The meeting also resolved to ratify and implement all relevant ECOWAS protocols and conventions. 

These were contained in a Communique issued at the end of its meeting in Accra. 

The Communique reaffirmed the gradual approach where Member States which meet the convergence criteria can start the monetary union, while the other countries join later. 

Finance Minister, Ken Ofori Atta who read the Communique welcomed the progress made by the Member States and encouraged them to continue the efforts toward meeting the convergence criteria and strengthening the multilateral surveillance mechanism.

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