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Tag: ECOWAS Monetary Cooperation Program (EMCP)


ECOWAS Monetary Cooperation Program (EMCP)

The ECOWAS Monetary Cooperation Program (EMCP) was
launched in 1987 by the Authority of Heads of State and Government to
prepare the grounds for a single monetary zone
for the whole of ECOWAS
by 2000. The West African Monetary Agency (WAMA) was established in 1996
as an autonomous monetary institute of ECOWAS, funded and managed by
member of Central Banks to lead this process of the realization of the
single currency in ECOWAS.


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