Ghana meets three criteria for single currency

Ghana has met three of the four primary convergence criteria of the West African Monetary Zone (WAMZ) for a single currency by July 2005. The only criterion, yet to be met is the single digit inflation rate.

Source: Ghana Web

Ghana has met three of the four primary convergence criteria of the West African Monetary Zone (WAMZ) for a single currency by July 2005. As at the third quarter of this year, Ghana had achieved the ceiling of 10 per cent on Central Bank financing of budget deficit, import