The ECOWAS and the International Monetary Fund signed a memorandum of understanding on March 27 in Abuja to enhance macroeconomic governance and regional integration, according to an official ECOWAS statement. Signed by Omar Alieu Touray and Wautabouna Ouattara, the deal aims to improve fiscal coordination, debt management, and statistical systems. It also supports the West African monetary union project in a region of over 400 million people, according to ECOWAS data.
