The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching a single regional currency, the Eco, by 2027 as part of efforts to strengthen economic integration and financial stability across member states.
This was disclosed in a statement on Monday by the Director of Information and Public Relations at the Federal Ministry of Finance, Mohammed Manga, following the 11th ECOWAS Convergence Council meeting in Abuja.
Papers News gathered that the high-level meeting, which convened Finance Ministers and Central Bank Governors from ECOWAS member states, focused on strategies to fast-track the long-awaited introduction of the regional currency.