By J. Yanqui ZazaAs the year 2020 comes closer for the fifteen-countries of the Economic Community Of West African States (ECOWAS) to form a single currency (ECO), proponents and pessimists are expressing their views. On page # 70 of the CBL’s 2018 Annual Report, officials stated that “…the bank remains committed to the full implementation of the ECOWAS Single Currency Roadmap.” What would be the exchange rate between the Liberian currency and ECOWAS single currency, for example? • Tax revenue should be equal to or greater than 20 percent of the GDP. • Wage bill to tax revenue equal to or less than 35 percent. Criteria to join the ECO (ECOWAS Single Currency)Sierra Leone 2019 National BudgetIMF Report on Ghana National BudgetIMF Report on Cote d’Ivoire National BudgetNigeria: Selected Issues; IMF Country Report No.

Source: Daily Observer October 09, 2019 02:15 UTC