Ghana Hosts Meeting on ECOWAS Single Currency

Ghana is hosting the 5th ECOWAS Presidential Task Force Meeting on the Single Currency Programme from the 17th – 21st February, 2018 at the Accra International Conference Centre.

The four-day meeting is being chaired by Ghana’s President Nana Addo Dankwa Akufo-Addo. The President of the Federal Republic of Nigeria, H. E. Muhammadu Buhari; President of the Republic of Cote d’ lvoire, H. E. Allassane Ouattara; President of the Republic of Niger, H. E. Issoufou Mahamadou, will be in attendance.

Also in attendance will be Governors of Central Banks, Foreign and Finance Ministers from the ECOWAS region.

The Presidential Task Force meeting will be preceded by two meetings namely:

• The 6th Technical Meeting of the Presidential Task Force, 17th -18th February, 2018.
• The 2nd Ministerial Meeting of the Presidential Task Force, 19th -20th February, 2018.

The Technical meetings will be attended by representatives of the Ministries of Finance and Economy of Cote d’Ivoire, Ghana, Niger and Nigeria, Central Banks of ECOWAS Members State, and the regional institutions involved in the ECOWAS Monetary Cooperation Programme (EMCP), namely the ECOWAS Commission, UEMOA Commission, West African Monetary Agency (WAMA), West African Monetary Institute (WAMI) BCEAO and the United Nations Economic Commission for Africa (UNECA).

The Meetings will among other things, provide member countries with a common platform to deliberate on issues related to the ECOWAS single currency programme and consider/adopt a revised roadmap to accelerate the creation of the single currency by 2020.

ECOWAS was founded with the aim of transforming the Sub-region into an economic and monetary union. This led to the adoption of the Community Authority of the ECOWAS Monetary’ Cooperation Programme (EMCP) in July 1987.

The last meeting of the Presidential Task Force on the ECOWAS Single Currency Programme was held in Niamey, Niger in October, 2017.