CFA zone : Meeting in Chad

04/04/2011
CFA zone :  Meeting in Chad

The Togolese Minister of Economy and Finance, Adji Otteh Ayassor (photo), will be participating in the meeting of Finance Ministers of the CFA Zone, on 11 and 12 April in N'Djamena.
A bi-annual meeting to review the progress. The situation in Ivory Coast will take center stage. Until then, Laurent Gbagbo may not be in power, but the country will take time to meet long-term consequences for neighboring countries.
Another theme of this meeting, dearness of the Euro, which penalizes African exports, including the CFA franc which is linked to the European currency.
The CFA Zone comprises of 14 countries in sub-Saharan Africa, Comoros and France. It comes from the evolution of the former French colonial empire and the common desire of these countries to maintain macro-economic stability.
Member countries are Benin, Burkina Faso, Ivory Coast, Guinea Bissau, Mali, Niger, Senegal, Togo, Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad.

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