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It was reported this week that ECOWAS has plans for adopting a new currency - The ECO. Here is a thread explaining what it means #TheECO
The ECO currency is part of a plan by ECOWAS to build a monetary union, initially between six West African countries 🇬🇭 🇳🇬 🇸🇱 🇱🇷 🇬🇳 🇬🇲
A monetary union where countries share one currency has a number of potential advantages ✅ and disadvantages ❌
