The Member States of the WAMZ are: The Gambia, Ghana, Guinea, Liberia, Nigeria and Sierra Leone. They further agreed to engage the ECOWAS Commission and WAEMU to seek clarification on the declaration and its implication for the ECOWAS Monetary Cooperation Programme (EMCP). For his part, Executive Governor Tarlue reaffirmed Liberia’s commitment to the EMCP and called for Member States’ adherence to the policy harmonization and macroeconomic convergence criteria. A number of preconditions precedent to the launching of the single currency as contained in the revised roadmap remain outstanding. At the December 21, 2019 Summit held in Abuja, the Authority reaffirmed their commitment to the Single Currency Programme.

Source: Daily Observer January 20, 2020 02:26 UTC