Tunis: ECOWAS Countries Should Evolve Policies to Stop Over-dependency on Foreign Economies

Tunis: ECOWAS Countries Should Evolve Policies to Stop Over-dependency on Foreign Economies

By Michael Mike

Speaker of the Economic Community of West African States (ECOWAS) Parliament, Dr Sidie Mohamed Tunis has urged member states to carry out policies that will improve the economy of the sub-region in order to reduce dependency on countries outside the bloc.

Tunis made this call at the closing ceremony of the first 2023 parliamentary seminar on “Sequencing ECOWAS Monetary Cooperation Towards Single Currency” held in Guinea Bissau.

Tunis, who was represented by the Fourth Deputy Speaker: Adja Satu Camara Pinto, stated the need for cooperation within the ECOWAS region for harmonisation.

He said: “There is need for monetary policy in the sub-region, now that we have realised the economy growth in our country that is very important. Member States also need to take actions that will require payment systems, harmonisation, integration and necessary infrastructure for our sub-region.

” I believe that all of us will agree to work together towards achieving our objectives. We also need to sensitized our communities on the single Currency.

In his remarks, Hon Califa Seidi from Guinea Bissau, advised member states to look more inward on making ECOWAS economy stronger.

He said: “As far as the mechanism is concerned, nothing has been achieved, when you come to the issue of single currency, the population of National sovereignty is very vital, our leaders have a very big role to play by sensitising the populace.

Tunis: ECOWAS Countries Should Evolve Policies to Stop Over-dependency on Foreign Economies