The Economic Community of West African States (ECOWAS) has pushed the launch of the single currency to 2027.
It has also adopted a new road map for this at the 59th Ordinary Session held at the Accra International Conference Centre, yesterday, Saturday, June 19, 2021.
President of the Commission Dr Jean-Claude Kassi Brou, in a press conference explained that the new road map was agreed by the heads of state of ECOWAS at the 59th ordinary summit in Accra on Saturday.
“Due to the shock of the pandemic, the heads of state had decided to suspend the implementation of the convergence pact in 2020-2021.”
“We have a new road map and a new convergence pact that will cover the period between 2022 and 2026, and 2027 being the launch of the Eco,” he noted.
He further explained that the heads of state asked the ministerial committee to look at the new roadmap.
They have also underscored the need for the committee to take into account the lessons from the Covid-19 pandemic.
By: Rainbowradioonline.com