10 Jan W.Africa currency bloc members aim to issue $4.82 bln in debt in 2019
The eight countries of the West
African CFA franc zone plan to issue 2.723 trillion CFA francs
($4.82 billion) in debt in 2019, compared to 2.433 trillion CFA
francs in 2018, an official from the regional monetary union’s
regulator said on Friday.
The total for 2018 was less than the 3.007 trillion CFA
francs originally forecast, mostly because of lower than
expected debt issuances by Ivory Coast and Mali, said Oulimata
Ndiaye, issues operations manager of UMOA-Titres
African CFA franc zone plan to issue 2.723 trillion CFA francs
($4.82 billion) in debt in 2019, compared to 2.433 trillion CFA
francs in 2018, an official from the regional monetary union’s
regulator said on Friday.
The total for 2018 was less than the 3.007 trillion CFA
francs originally forecast, mostly because of lower than
expected debt issuances by Ivory Coast and Mali, said Oulimata
Ndiaye, issues operations manager of UMOA-Titres
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