As Franophone ECOWAS Countries Transition From CFA Franc To ECO Currency …C0NTINUE READING HERE >>>
The statement by Côte d’Ivoire’s President Alassane Ouattara about the desire to accelerate the transition from the CFA Franc to the new regional currency, ECO, has sparked lively reactions in expert circles and on social media. Economists and analysts express varying opinions regarding the feasibility of such a transition and its potential consequences for the countries of the region.
One expert expressed concern that the countries of the Economic Community of West African States (ECOWAS) may not be ready for such significant changes in their monetary systems. “The withdrawal of…
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