France provides XOF0.5 billion to WAEMU for accelerating decentralization in its member States

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Thursday, 25 June 2020 16:55
France provides XOF0.5 billion to WAEMU for accelerating decentralization in its member States

(Togo First) - On June 24, 2020, the West African Monetary Union (WAEMU) received half a billion CFA from France to hasten decentralization across its member States. 

The money will be used to help the WAEMU’s territorial collectivities’ council implement the regional programme for support to decentralization in the region, over a two-year period.

The territorial collectivities’ council was established on May 30, 2011, by the Conference of Heads of State and Government. Among the missions of this body is to ensure that territorial collectivities contribute to the realization of the Union’s goals and support the WAEMU commission in conceiving and carrying out projects for these collectivities. 

Séna Akoda

 
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