Freetown – At the end-of-year statutory meeting of the West African Institute of Financial & Economic Management (WAIFEM), the Executive Governor of the Central Bank of Liberia (CBL), Hon. The WAIFEM meeting chaired by the CBL’s Executive Governor was part of the joint statutory meetings of WAIFEM, WAMI (West African Monetary Institute) which includes the College of Supervisors of the West African Monetary Zone (CSWAMZ), and the West African Monetary Agency (WAMA). The end-of-year Joint Statutory Meetings were held at the International Conference Center in Freetown, Sierra Leone from 6-14 February 2020. WAMI was set up in Accra, Ghana in 2001 to pave the way for launching a single currency for the West African Monetary Zone (WAMZ) and the establishment of a West African Central Bank under the ECOWAS Monetary Cooperation Program (EMCP). The Joint Statutory Meetings of WAMA, WAMI, and WAIFEM are held twice a year and rotated among Member States.

Source: Front Page Africa February 18, 2020 06:00 UTC