ECOMAC Statistics

 
 Questions & Answers
Exchange Rates
The Eco
Primary criteria
Seondary. Criteria
 Head of States
Ministers
Governors
Tech Committee
Officers
The Gambia
Ghana
Guinea
Nigeria
Sierra Leone
     Mission Statement 2

     To Establish a Common Central Bank with a Single Currency for the Economic Prosperity of the West African
     Monetary Zone

General Principles

As a transtitional measure, WAMI shall carry out functions leading to the establishment of the WACB without prejudice to the responsibility of the competent authorities of the Member States to conduct their monetary policies.

Establishment

The West African Monetary Institute (WAMI) established under the Agreement of the West African Monetary Zone shall perform its functions and carry out its activities in accordance with the WAMZ Agreement.
The members of the WAMI shall be the central banks of the Member States (National Central Banks).

Objectives

The WAMI in collaboration with the Technical Committee shall have the responsibility of managing the stages of implementation of the WAMZ up to the commencement of the WACB.