West African Monetary Institute

E375329

The West African Monetary Institute is a regional body responsible for preparing and coordinating the monetary and financial integration of West African states, including the planned introduction of the Eco common currency.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf intergovernmental organization
regional monetary institution
abbreviation WAMI
affiliation ECOWAS Commission
ECOWAS
surface form: Economic Community of West African States
continent Africa
coordinates development of regional payment systems in West Africa
preparatory work for the West African Central Bank
coordinatesWith central banks of ECOWAS member states
ministries of finance of ECOWAS member states
country Ghana
fieldOfWork banking supervision
financial sector development
macroeconomic convergence
monetary policy
payment systems
statistics and data harmonization
foundedBy ECOWAS
ECOWAS
surface form: Economic Community of West African States
goal creation of a single currency area in West Africa
establishment of a common central bank for West Africa
hasOrgan Committee of Governors
Director General
Technical Committees
headquartersLocation Accra
inception 2001
jurisdiction member states of the West African Monetary Zone
keyProject creation of a single monetary zone in West Africa
introduction of the Eco common currency
languageUsed English
French
Portuguese
legalStatus specialized agency of ECOWAS
locatedInTimeZone Greenwich Mean Time
memberOf Economic Community of West African States Monetary Zone
surface form: West African Monetary Zone
mission to coordinate the establishment of a West African Monetary Union
to harmonize monetary and financial policies in West Africa
to support macroeconomic convergence among member states
purpose financial integration of West African states
monetary integration of West African states
preparation for a common currency in West Africa
regionServed ECOWAS
ECOWAS
surface form: Economic Community of West African States

West Africa
supervises harmonization of banking and financial regulations in the West African Monetary Zone
implementation of macroeconomic convergence criteria in the West African Monetary Zone
usesCurrencyName Eco
website https://wami-imao.org

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Eco relatedOrganization West African Monetary Institute
Economic Community of West African States Monetary Zone framework West African Monetary Institute
this entity surface form: ECOWAS monetary cooperation programme