In a dynamic of economic sovereignty, the Alternative Report on Africa launched on Tuesday, May 25, states that the ECOWAS single currency, as it has been designed so far, would only be a symbolic alternative to the CFA franc. According to RASA, the ECOWAS single currency will not be able to allow the sovereign mobilization of resources. It would not allow a better mobilization of domestic resources since it is based on the same monetarist logic as the CFA franc. With the priority given to fighting inflation against the background of the split between monetary policy and fiscal policy

The new RASA report states that a real economy would be based on real convergence, that of GDP per head and no longer, as in the case of the eco-CFA, on compliance with the nominal criteria for converging with the top three that make up Cape Verde, Nigeria and Ghana. The Eco would have a flexible exchange rate regime framed by inflation targeting. The convergence dynamic would then be quite different and the UEMOA states would lose their status as good students of convergence and therefore as tractors of the Eco implementation process