Burkina Faso Launches Treasury Deposit Bank End Of CFA Franc.

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Since Ibrahim Traore came into the geopolitical scene of the Sahel, he has been changing the order of things. From his words and speeches to his actions, Traore has shown that he is a dedicated and committed leader that places the sovereignty and independence of his country above anything else. Last year, Ibrahim Traore together with the leaders of Mali and Niger, proposed the idea of ditching the CFA Franc, a colonial remnant and creating a common currency. These leaders believe that abandoning the CFA Frank would be a sign of sovereignty and a necessary step and move from French colonization. But has anything been done since then to make this proposal a reality? Well, recent news reveals that Captain Traore has just taken a move in that direction that will make the creation of a new currency a reality. So, what move did he make? Recently, Traore established a treasury deposit bank. For some people this does not seem an interesting news but the fact is that it is an important development and has set the stage for the process of ditching the CFA Franc.

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  Burkina Faso Launches Treasury Deposit Bank End Of CFA Franc. - RusLar.Me