Such extended consultations should not be limited to monetary matters, but apply to other areas of economic policies as well. In the end, the achievement of monetary union will require that countries in the region commit themselves to confront the process of solving conflicting national interests in a fair and democratic manner.
In order to reach a common objective of monetary stability and economic prosperity, a regional solution may also be the route to take for us here in Southern Africa. Conclusion In conclusion, I hope that my explanation of this complex issue has raised your awareness of the problems involved and given you a basis for further discussions.