On January 14, 2020, the central banks of the ECOWAS sub-region began an extraordinary general assembly to deliberate on questions relating to the introduction of the single currency, the ECO, scheduled for 2020. The committee of central bank governors is also expected to discuss the implications of the recent announcement by French-speaking ECOWAS countries on the proposal to introduce the single currency ECO to replace the CFA franc. The talks will also determine the way forward for the member states of the West African Monetary Zone (WAMZ) in accordance with the roadmap for the introduction of the single currency - the CEE. The ECOWAS technical team, however, is expected to present proposals made by the West African Monetary Institute regarding the CEE. The governors should also send their recommendations to the region's heads of state to find out if the region is ready for the introduction of the single currency.