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Find all the economic and financial information on our Orishas Direct application to download on Play StoreDuring the summit of ECOWAS heads of state on Saturday, June 19, the president of the commission Jean-Claude Kassi Brou presented a new roadmap. The launch of the eco is now in 2027
.Eco will be launched in 2027. The project for a common currency for the fifteen ECOWAS countries is back on track after being suspended due to the pandemic. Since 2020, the process has been at a standstill, due to the Covid-19 pandemic, ECOWAS member countries had suspended their monetary convergence pact. It will resume in 2022, announces Jean-Claude Kassi Brou, the president of the ECOWAS Commission, until 2027. According to the Senegalese economist Moubarack Lô, it seems difficult to bring a country like Nigeria and its 10% inflation into convergence with those of the UEMOA zone, the West African Economic and Monetary Union, the current Franc Zone, where inflation is below 2%. Moreover, the divergent economic interests between oil-producing countries on the one hand and importing countries on the other hand must be reconciled
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