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African Development Bank urges COMESA to adopt single currency
Monday, January 14, 2013
“Progress has been made in the implementation of the COMESA Monetary Cooperation Programme especially in the establishment of the free trade area, the regional payment system, reduced inflation and budget deficits,” says the report.
However, much remains to be done particularly in the area of fiscal policy convergence that is pivotal for macroeconomic convergence.
Source: The Africa Review
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