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Franc CFA reforms [Business Africa]

Franc CFA reforms [Business Africa]

Business Africa

The debate on the CFA Franc continues. When will the reform take place?” One wonders, especially with the revelation of the French finance minister. For Bruno Le Maire, France is open to an ambitious reform of the CFA Franc.

When will the reform of the CFA franc take place? A question that has rekindled the debate after the recent appearance of the French Finance Minister.

Bruno Le Maire declared on 11 October during the meeting of Finance Ministers and heads of economic and monetary institutions of the 14 countries of the Franc Zone, that France is open to an ambitious reform of the CFA and the decision should only be taken by the Member States of the Franc Zone.

We will delve on this with a view of an economist specialized in matters CFA franc Désiré AVOM.