CONAKRY, Nov 7 (AFP) - The leaders of five west African countries on
Thursday set a 2005 deadline for launching a single regional currency.
   Gambia, Ghana, Guinea, Nigeria and Sierra Leone, the only members of the
15-strong Economic Community of West African States (ECOWAS) which do not
use the CFA franc, revised initial plans under which they would have
launched a central bank and common currency in January 2003.
   Governors of the central banks of each West African Monetary Zone (ZMOA)
country, meeting Wednesday, said their states had not reached necessary
financial targets to align their monetary policy, Guinean central bank head
Ibrahim Sherif Bah said.
   The ZMOA leaders announced the new timeline in a final declaration
following their summit here in the Guinea capital.

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