{"id":466451,"date":"2018-02-22T01:51:36","date_gmt":"2018-02-22T01:51:36","guid":{"rendered":"https:\/\/ghana-mma.com\/2018\/02\/22\/we-must-implement-ecowas-single-currency-by-2020-akufo-addo\/"},"modified":"2018-02-22T01:51:36","modified_gmt":"2018-02-22T01:51:36","slug":"we-must-implement-ecowas-single-currency-by-2020-akufo-addo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2018\/02\/22\/we-must-implement-ecowas-single-currency-by-2020-akufo-addo\/","title":{"rendered":"We must implement ECOWAS single currency by 2020 \u2013 Akufo-Addo"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Thursday, 22 February 2018<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>citifmonline.com<\/p>\n<p>2018-02-22<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/15040481.295.jpg\" alt=\"ECOWAS AKUFO 620x330\" title=\"ECOWAS AKUFO 620x330\" width=\"295\" height=\"157\" \/><span class=\"image_caption\"><span>President Akufo-Addo with others at the 5th ECOWAS Presidential Task-force meeting<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125817929577\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125817929577\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/1519264296_606_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\"> President Akufo-Addo has reaffirmed that the implementation of a common currency for ECOWAS member states cannot be rescheduled beyond the 2020 deadline date.<\/p>\n<p>According to him, it is imperative for countries in the West African Sub-region to work at achieving the convergence criteria required for the implementation of the ECO single currency in two years.<\/p>\n<p>Speaking at the Fifth Meeting of the Presidential Task Force on the ECOWAS single currency programme in Accra, President Akufo Addo maintained that the implementation for the single currency is strongly tied to the economic wellbeing of sub-region.<\/p>\n<p>He observed that leaders of West African countries are keen on seeing the implementation of the common currency soon.<\/p>\n<p>\u201cWe remain determined to have a single currency which will help remove trade and monetary barriers, reduce transaction cost, boost economic activity and raise the living standard of our people. It is a goal, we must achieve,\u201d he said.<\/p>\n<p>Touching on the need to meet specific targets before the implementation, Nana Akufo-Addo stated that it is important to remove hurdles that will impede the smooth introduction of the currency.<\/p>\n<p>\u201cIn this regard, I urge ECOWAS member states to renew their commitment in the ratification and implementation of the relevant ECOWAS protocol, such as the protocol of the free movement of persons, goods and services, the ECOWAS trade liberalization scheme, and the Common External Tariff,\u201d he suggested.<\/p>\n<p>In addition, Nana Akufo-Addo stated that with the growing population of the sub-region it will be prudent to implement the common currency to enhance trading among ECOWAS member states.<\/p>\n<p>In attendance was the President of Cote d\u2019Ivoire, Allassane Ouattara; President of Niger, Issoufou Mafiamadou, President of Togo, Faure Gnassingb\u00e9, President of Niger, and   Governor of the Central Bank of Nigeria Godwin Emefiele among others.<\/p>\n<p><iframe loading=\"lazy\" width=\"600\" height=\"350\" src=\"https:\/\/www.youtube.com\/embed\/n4f8NH1DmXE\" frameborder=\"0\" allow=\"autoplay; encrypted-media\" allowfullscreen=\"\"><\/iframe><\/p>\n<p><iframe loading=\"lazy\" width=\"600\" height=\"350\" src=\"https:\/\/www.youtube.com\/embed\/kutXyiuPhz8\" frameborder=\"0\" allow=\"autoplay; encrypted-media\" allowfullscreen=\"\"><\/iframe><\/p>\n<p><iframe loading=\"lazy\" width=\"600\" height=\"350\" src=\"https:\/\/www.youtube.com\/embed\/c0j6-orQpoM\" frameborder=\"0\" allow=\"autoplay; encrypted-media\" allowfullscreen=\"\"><\/iframe><\/p>\n<p><!-- uploaded by: 33 updated by: 33 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Thursday, 22 February 2018 Source: citifmonline.com 2018-02-22 President Akufo-Addo with others at the 5th ECOWAS Presidential Task-force meeting President Akufo-Addo has reaffirmed that the implementation of a common currency for ECOWAS member states cannot be rescheduled beyond the 2020 deadline date. According to him, it is imperative for countries in the West [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":466452,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-466451","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/466451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/comments?post=466451"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/466451\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/media?parent=466451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/categories?post=466451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/tags?post=466451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}