IFC, which has issued local currency bonds in Morocco and the western and central franc zones, has also obtained approval to issue local currency bonds in Kenya and Nigeria.
What does FZ stand for?
FZ stands for Franc Zone
This definition appears frequently
See other definitions of FZ
We have 3 other meanings of FZ in our Acronym Attic
- Final Zone (Sonic 1 level)
- Float Zone (Silicon)
- Floating Zone
- Flow Zone
- Fold Zandura (band)
- Forschungszentrum (German)
- Fortezza (card)
- Fortified Zone
- Forza (badminton brand)
- Forzando (musical notation)
Samples in periodicals archive:
The franc zone is, in fact, an appendage of the French economy.
Delegates had positive discussions, prompted by concrete proposals contained in a study entitled: Reducing the costs of migrants remittances and optimising their impact on development: Financial products and tools for North Africa and the franc zone .
There is thus a real need in the Franc Zone for a financing institution that would convert migrant remittances into productive investments, thereby generating jobs and wealth, and that would broaden access to banking services, mortgages, insurance products, pension plans, and technical assistance.
This is not to mention the French franc zone in Africa, and the dollar zone that consisted since 1945 until 1972 of currencies pegged to the dollar as a means to fix the greenback value to gold.
The franc zone includes the eight-nation West African Economic and Monetary Union (UEMOA) and the six-nation Economic and Monetary Community of Central Africa (CEMAC).
: Macroeconomic Policy in the Franc Zone, chapter 7, pp 121-142, Palgrave Macmillan in association with UNU-WIDER.
Intra-regional barriers are also falling slowly through such blocks as COMESA, SADC, ECOWAS, and the respective Central and West African CFA franc zones which share common euro pegs and tariff regimes.