Assessing how far we have gone in meeting the requirements of the convergence criteria is important as it will help us deliberate on areas where we still lag behind and also seek solutions on how to move ahead to create one strong economic and political block.
Fellow Governors, Distinguished Participants, Before I conclude my remarks, allow me to highlight a few challenges which we have to address and resolve in order to make monetary and fiscal policy harmonisation in the region successful. 1. First, there is need to minimise slippages and inconsistencies in the performances of member countries regarding attainment of the stipulated macroeconomic targets.