The franc was introduced at par with the French franc.

Brazil

Centre for Women's Global Leadership

Decolonizing the Franc Zone

Togo crisis

Abstaining Romania, Togo.

The franc is the currency of French Polynesia.

Another devaluation of the CFA franc today might deflate France s debts to the franc zone and boost its African based export industries, but it would worsen the franc zone countries miseries.

Even Switzerland is intervening to weaken the franc.

History The franc became the currency of Burundi in 1916, when Belgium occupied the former Germany colony and replaced the German East African rupie with the Belgian Congo franc.

History The franc became the currency of Rwanda in 1916, when Belgium occupied the previously German colony and the Belgian Congo franc replaced the German East African rupie.

Since 1945, it has been part of the CFP franc.

In favour China, Cuba, Eritrea, Togo, Zimbabwe.

Allow me, on behalf of the Group, to convey our heartfelt condolences to the members of his family, to the people of Togo and to the friends of Togo on this immense loss.

We are convinced that the people of Togo will overcome this painful loss and continue the construction and development of Togo and that they will strengthen their role at the regional and international levels.

But the franc zone countries did not fare nearly so well.

Now he considers it the best currency in the world.

The franc zone s plight is being compounded by distorted and dysfunctional economic and monetary policies.

Swiss Francs by Flickr user Jim (CC BY NC SA 2.0).

In 1999, the Euro was introduced to replace the French franc.

The franc zone is, in fact, an appendage of the French economy.

More appalling is the fact that France guarantees the CFA franc s free convertibility into hard currency, originally on the condition that all 15 Franc Zone countries surrender 100 of their foreign reserves to the French Treasury.

Togo gained its independence from France in 1960.

Tribute to the memory of His Excellency Mr. Gnassingbé Eyadema, President of the Togolese Republic

The President (spoke in French) I now give the floor to the representative of Togo.

Ratification Togo (15 November 2005)1

Abstaining Burkina Faso, Gabon, Guinea, Nigeria, Swaziland, Togo.

Mr. Koko Mawuena Ika Kana (Dieudonné) EWOMSAN (Togo)

Ratification Togo (28 November 2005)1

On behalf of the General Assembly, I request the representative of Togo to convey our condolences to the Government and the people of the Togolese Republic and to the bereaved family of His Excellency Mr. Gnassingbé Eyadema.

Mr. Menan (Togo) (spoke in French) It is with profound grief and great sorrow that we speak on behalf of the Government and the people of Togo during the General Assembly's tribute to the memory of President Gnassingbé Eyadema of Togo, Prime Minister Zurab Zhvania of Georgia and Ambassador Sami Kronfol of Lebanon, all of whom have left us.

Mr. Atsou (Togo) (spoke in French) It is an honour for me to speak on behalf of roughly half of the five million inhabitants of Togo, who are young people, in order to convey to the General Assembly the efforts Togo has made to implement the World Programme of Action for Youth.

This gap should encourage the franc zone s member countries to reject their relationship with France.

The CFA franc issued by two sub regional central banks (BCEAO and BEAC) are not interchangeable.

It was the largest plunge of the franc ever against the euro.

On January 1, 2008, the franc was valued at 1,129.40 per US dollar.

It is responsible for Swiss monetary policy and for issuing Swiss franc banknotes.

From the end of World War II until the adoption of the euro, France devalued its own franc 14 times in order to bolster competiveness and exports, with the CFA franc devalued along with it each time.

We extend our condolences to the family of President Eyadema and to the Togolese people.

(2) Combat against coastal erosion project (Ghana Togo Benin Nigeria)

His Excellency Mr. Faure Essozimna Gnassingbé, President of the Togolese Republic

Benin, Burkina Faso, Cameroon, Chad, Côte d'Ivoire, Mali and Togo.

With regard to education, the section in the Government of Togo's programme of action devoted to social development includes significant steps that should guarantee a quality education for all of Togo's young people.

The Family Code enshrined and strengthened the rights of women and children. As a result of the priority given to education for girls, 97 per cent of girls attended school. In partnership with Amnesty International, a campaign to increase awareness of the issue of violence against women had also been launched.

The Committee was not able to consider the initial report of Togo which was scheduled for consideration during the thirty fourth session due to the absence of a delegation from Togo.