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Vol 40 No 19

Published 24th September 1999


Another Euroland

Prospects for economic union in West Africa, at least among the CFA Franc Zone countries, are looking up. The Union Economique et Monétaire Ouest-Africaine is pushing ahead with plans to abolish internal tariffs by 1 January. Dahuku Pere, who chairs the UEMOA assembly's planning committee, claims plans are complete for a regional legislature. Despite worries that the CFA franc's ties to the hard Euro will make the Franc Zones uncompetitive, the Banque de France's latest annual review reports strong growth in both west and central sub-regions.

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