Business News of Monday, 27 January 2020Source: www.ghanaweb.comECOWAS members with good economic fundamentals can commence ECO usage - EconomistEco currencyEconomics Lecturer at the University of Ghana, Dr Adu Owusu Sarkodie, is cautioning the hasty nature with which the ECOWAS bloc is working to implement the Eco. Countries that meet a set of economic prescriptions necessary for the adoption of the ECOWAS-backed currency can commence the eco usage, he explained. “The ECO as a currency for the ECOWAS region is laudable. However, it must not be rushed by the body to get it being used when the region does not have a common economic fundamentals,” he stated. 2020 DatelineThe ECO is expected to start circulating within ECOWAS countries that have met a criteria in January 2020.

Source: GhanaWeb January 27, 2020 12:33 UTC