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WAMA BULLETIN MAY 2017

The WAMA bulletin provides information on the activities of the Agency as well as information pertaining to topical economic issues.  It is therefore a pleasure to bring you yet another edition of the bulletin.

In this issue, readers will have the opportunity to take a peek into the curriculum vitae of the new Director General of the WAMA, Mr. Momodou Bamba Saho who assumed office in August 2016. Readers will also learn about the progress thus far, with respect to the implementation of the ECOWAS Monetary Cooperation Programme. The spotlight will also be shined on the challenges arising from the process of implementing the ECOWAS single currency programme. The Bulletin will also provide an update on the harmonisation of the provisions on current account transactions and capital controls within ECOWAS as well as discussing exchange rate policy and regulations in ECOWAS and the nexus between economic growth and inflation in the Community. The Bulletin concludes with an overview of macro-prudential policy as a tool for stabilising the financial system and the possible fallout of Brexit for ECOWAS countries.

We hope that the information provided in this issue would be beneficial to readers and stakeholders of the ECOWAS Monetary Cooperation Programme. We happily welcome your views, which would certainly enable us improve the quality of future editions.