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West African Monetary Agency

WE ARE WORKING TOWARDS ACHIEVING A SINGLE CURRENCY FOR THE ECOWAS REGION.

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1K Scan Drive Freetown, Sierra Leone
(+232) 76 58 35 81
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+232 76 58 35 81

About WAMA
Researchs and Publications
Blog
Resources Center
English
- Français
- English

WAMA Newsletters

West African Monetary Agency - Docs - About WAMA - WAMA Newsletters

Policy Documents

5

WAMA Corporate Governance Framework
CODE OF CONDUCT FOR STAFF
Presentation of WAMA
Decision Relating To The Adoption Of Macro Economic Convergence Criteria Within The Framework Of The Ecowas Monetary Cooperation Program
Articles of Agreement of the WAMA

WAMA Newsletters

1

WAMA News Vol 1.1 Jan-Mar 2025

Exchange Rate Developments

2

Exchange Rate Developments Report – Dec-2021
Report on Exchange Rate Developments of ECOWAS currencies – 2016

Speeches

1

66TH MEETING OF THE COMMITTEE OF GOVERNORS OF CENTRAL BANKS OF ECOWAS MEMBER STATES

Convergence Reports

9

ECOWAS Macroeconomic Converegence Report for 2024
ECOWAS MACROECONOMIC CONVERGENCE REPORT – 2023
ECOWAS MACROECONOMIC CONVERGENCE REPORT – 2022
ECOWAS MACROECONOMIC CONVERGENCE REPORT – 2021
ECOWAS MACROECONOMIC CONVERGENCE REPORT – 2020
ECOWAS MACROECONOMIC CONVERGENCE REPORT – 2013
ECOWAS MACROECONOMIC CONVERGENCE REPORT – 2010
ECOWAS MACROECONOMIC CONVERGENCE REPORT – 2008
ECOWAS MACROECONOMIC CONVERGENCE REPORT – 2007

Status of Convergence

4

STATUS OF MACROECONOMIC CONVERGENCE IN ECOWAS 2017
STATUS OF MACROECONOMIC CONVERGENCE IN ECOWAS 2016
STATUS OF MACROECONOMIC CONVERGENCE IN ECOWAS 2015
STATUS OF MACROECONOMIC CONVERGENCE IN ECOWAS 2014

Working Papers

6

Tax effort in ECOWAS countries – Dec 2011
Review of ECOWAS exchange rate mechanism – June 2009
Impact of petroleum price fluctuations on key convergence criteria in ECOWAS member States – June 2008
Reflection on the establishment of a stabilisation fund in ECOWAS – November 2011
Money Supply Growth and Macroeconomic Convergence in ECOWAS – October 2009
Impact Of The International Financial Crisis On Ecowas Macroeconomic – June 2009

Policy Reports

5

Status of the implementation of the roadmap activities assigned to WAMA under the ECOWAS single currency project – December 2012
Report on Exchange Rate Developments of ECOWAS currencies – 2016
Developments in the Exchange Rates of ECOWAS – November 2012
Status of the implementation of roadmap activities for the ECOWAS single currency assigned to WAMA – November 2011
Report on trends in exchange rates of ECOWAS currencies at end of December 2007

Statistical Bulletins

1

Statistical Bulletin N 2

Financial Stability Reviews

3

Financial System Integration in ECOWAS : Opportunities, Challenges and Prospects
Financial Stability and Banking Supervision within ECOWAS – November 2009
Financial Sector Development and Stability in ECOWAS

The West African Economic Review - Vol.7 No.2

7

UNEMPLOYMENT RATE IN NIGERIA – THE RESPONSIVENESS OF GROWING DOMESTIC AND EXTERNAL DEBT (Vol.7-No.2-June 2024)
TRADE FACILITATION AND TRADE EXPANSION IN THE ECOWAS IMPLICATIONS FOR REGIONAL ECONOMIC(Vol.7-No. 2– June 2024)
NIGERIA’S PUBLIC DEBT – STRUCTURE AND IMPLICATIONS FOR SUSTAINABLE ECONOMIC GROWTH (Vol.7-No.2– June 2024)
NAVIGATING CAPITAL FLOW CHALLENGES – MACROECONOMIC POLICY RESPONSES IN DEVELOPING AND ADVANCED ECONOMIES (Vol. 7 No.2 –June 2024)
FINANCIAL TECHNOLOGY AND FINANCIAL INCLUSION IN SSA – A REEXAMINATION WITH BOOTSTRAP CAUSALITY (Vol. 7-No. 2-June 2024)
DOES INSTITUTIONAL ENVIRONMENT MATTER FOR STRUCTURAL TRANSFORMATION IN THE ECOWAS BLOC (Vol.7.– No. 2.-June 2024)
The West African Economic Review Preliminary pages for Vol.7 No.2

The West African Economic Review - Vol.8. No.1

6

The West African Economic Review Preliminary pages for Vol.8. No.1
TIME TO EXPORT AND EXPORT PERFORMANCE IN THE ECOWAS (Vol. 8 –No.1 Dec.2024)
SOCIAL AND MACROECONOMIC DETERMINANTS OF YOUTH SELF-EMPLOYMENT IN SUB-SAHARAN AFRICA (Vol. 8-No. 1– Dec.2024)
EXCHANGE RATE DYNAMICS AND REGIMES IN NIGERIA – NEW EVIDENCE FROM A MODIFIED STICKY PRICE MODEL (Vol. 8 –No.1 Dec.2024)
EFFECTIVENESS OF MONETARY POLICY ON ECONOMIC GROWTH IN THE WEST AFRICA MONETARY ZONE (Vol.8– No. 1 Dec. 2024)
DECENTRALIZED FINANCIAL INSTITUTIONS AND AGRICULTURAL FINANCING IN BENIN (Vol. 8-No.2-Dec. 2024)

The West African Economic Review - Vol.5-No.2-December 2018

3

An Empirical Evidence of the Link Between Natural Resource Dependence – Dec 2018
Information Communication Technology, Tax Revenue Mobilization and Economic Performance in Nigeria – Dec 2018
Implications of Parameters Uncertainty for the CBN’s Monetary Policy (Vol.5-No.2-December 2018)

The West African Economic Review - Vol.6 No.2

7

REMITTANCES ECONOMIC GROWTH NEXUS AN EMPIRICAL ANALYSIS OF THE TRANSMISSION CHANNEL IN NIGERIA
MONETARY AND FISCAL DRIVERS OF FINANCIAL REPRESSION IN NIGERIA
GROWING DOMESTICS AND EXTERNAL DEBT THE BURDEN ON GROWTH IN NIGERIA
FINANCIAL INNOVATIONS AND ASYMETRIC EFFECTS OF MONETARY POLICY SHOCKS IN NIGERIA
Cover page VOLUME 6 NUMBER 2
DEBT GROWTH NEXUS IN NIGERIA AN EMPIRICAL APPROACH
EVIDENCE OF OPTIMAL INFLATION CONVERGENCE THRESHOLD IN ECOWAS

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The West African Monetary Agency (WAMA) is an autonomous and specialised agency of the Economic Community of West African States (ECOWAS).

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