Executive Board
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December 6, 2013
July 18, 2011
December 10, 2010
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Article IV Staff Reports



Projected % Change
   2014  2015
Real GDP 5.6 5.7
Consumer Prices 1.5 2.7
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Togo: Financial Position in the Fund

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Togo and the IMF
Updated October 11, 2014

Show all items sorted by date | Annual Meetings Speeches (1) | Article IV Staff Reports (5) | IMF Survey Online (2) | IMF Surveys (1) | Letters of Intent (9) | Mission Concluding Statements (1) | Press Releases (29) | Public Information Notices (8) | Publications (29) | Speeches (1) | Transcripts (2) | Other (2) 
Annual Meetings Speeches
September 29, 1999 -- Statement by the Hon. Tantely Andrianarivo, Governor of the IMF for Madagascar, on behalf of the African Governors, at the Joint Annual Discussion
PDF File Size: 14Kb
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Article IV Staff Reports
February 07, 2014 -- Togo: Staff Report for 2013 Article IV Consultation
Series: Country Report No. 14/38
Notes: Also Available in French
August 02, 2011 -- Togo: 2011 Article IV Consultation and Sixth Review Under the Extended Credit Facility Arrangement - Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo
Series: Country Report No. 11/240
June 23, 2009 -- Togo: 2009 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo
Series: Country Report No. 09/194
Notes: Also available in French
June 25, 2007 -- Togo: 2007 Article IV Consultation and First Staff Review of the Staff-Monitored Program - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Togo
Series: Country Report No. 07/217
Notes: Also Available in French.
December 08, 2003 -- Togo: 2002 Article IV Consultation and Review of the Staff-Monitored Program--Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 03/383
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IMF Survey Online
April 16, 2011 -- IMF Survey: Africa Should Cut Reliance on Commodity Exports—Ministers
Africa should broaden its economic base and not remain so dependent on commodity exports for its growth, African finance ministers say during the IMF-World Bank Spring Meetings. They tell a briefing that diversification into more labor-intensive industry would make Africa’s growth less volatile and more inclusive.
December 15, 2010 -- IMF Survey: IMF, World Bank Support $1.8 Billion Debt Relief for Togo
The IMF and the World Bank decide to support the final stage of debt relief for Togo that could amount to $1.8 billion. The relief is equivalent to an 82 percent reduction in the West African country’s nominal external debt, freeing up resources to devote to other priorities.
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IMF Surveys
May 31, 2008 -- IMF Survey:
Food prices, Europe, Michael Deppler, Small States, Abdoulaye Bio-Tchane, Germany, Czech Fiscal Reform, Sustaining Growth, Decline in Funds to Emerging Markets, IMF Loan to Togo, Vietnam's New Challenges, News Briefs. PDF File Size: 710Kb
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IMFC Statements
October 11, 2014 -- New IMFC Statement by Mr. Regis Immongault, Minister of Economy, Promotion of Investments, and Prospective, Gabon
On behalf of: Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Djibouti, Gabon, Guinea, Guinea-Bissau, Republic of Equatorial Guinea, Republic of Madagascar, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 543Kb
April 11, 2014 -- IMFC Statement by Christophe Akagha-Mba, Minister of Economy and Prospective, Gabon
On behalf of: Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Djibouti, Gabon, Guinea, Republic of Equatorial Guinea, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 645Kb
April 20, 2013 -- IMFC Statement by Luc Oyoubi, Minister of Economy, Employment and Sustainable Development, Ministere de l'Economie, de l'Emploi et du Developpement Durable, Gabon
On behalf of: Burundi, Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Djibouti, Gabon, Guinea, Republic of Equatorial Guinea, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 212Kb
April 12, 2008 -- IMFC Statement by His Excellency Paul Toungui, Minister of State, Minister of Economy, Finance, Budget, and Privatization, Gabon
On behalf of: Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Cabo Verde, Djibouti, Gabon, Guinea, Guinea-Bissau, Republic of Equatorial Guinea, Republic of Madagascar, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 181Kb
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Letters of Intent
June 26, 2011 -- Togo -- Letter of Intent, June 26, 2011
PDF File Size: 503Kb
November 15, 2010 -- Togo -- Letter of Intent, and Technical Memorandum of Understanding, November 15, 2010
Also available in French PDF File Size: 525Kb
June 10, 2010 -- Togo -- Letter of Intent, June 10, 2010
Also available in French PDF File Size: 426Kb
October 30, 2009 -- Togo -- Letter of Intent, October 30, 2009
Also available in French PDF File Size: 271Kb
April 01, 2009 -- Togo -- Letter of Intent, April 01, 2009
Also available in French PDF File Size: 329Kb
September 12, 2008 -- Togo -- Letter of Intent and Technical Memorandum of Understanding, September 12, 2008
PDF File Size: 317Kb
March 28, 2008 -- Togo -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 28, 2008
PDF File Size: 254Kb
December 21, 2006 -- Togo -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 21, 2006
PDF File Size: 358Kb
March 28, 2001 -- Togo Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 28, 2001
This Letter of Intent of the government of Togo describes the policies that Togo intends to implement in the context of its request for financial support from the IMF.
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Mission Concluding Statements
March 16, 2007 -- Togo -- 2007 Article IV Consultation, Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
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Other
February 26, 2009 -- Togo - Assessment Letter for the World Bank
Subject: Assessment letters | Togo
September 19, 2008 -- The Macroeconomics of Scaling-up Aid: the Cases of Benin, Niger, and Togo
Subject: Development assistance | Benin | Niger | Togo | Absorptive capacity | Aid flows | Group of eight | Millennium Development Goals | Economic conditions | Inflation | Exchange rates | Economic models
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Press Releases
May 05, 2014 -- Press Release: IMF’s West AFRITAC Steering Committee Welcomes Significant Reforms Achieved in West Africa with the Support of the Center
December 16, 2013 -- Press Release: IMF Executive Board Concludes 2013 Article IV Consultation with Togo
September 09, 2013 -- Press Release: Togo and IMF Team Reach a Staff-Level Agreement on ECF-Supported Program
June 25, 2013 -- Press Release: IMF Releases Revised Results and Expands Coordinated Direct Investment Survey to 100 Economies
April 29, 2013 -- Press Release: IMF's West African Regional Technical Assistance Center Sees Significant Increase in Activities in Coming Year
October 30, 2012 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Togo
July 18, 2011 -- Press Release: IMF Executive Board Completes Sixth and Final Review Under the ECF Arrangement for Togo and Approves US$13.95 Million Disbursement
May 16, 2011 -- Press Release: Statement by an IMF Mission to Togo
December 14, 2010 -- Press Release: IMF and World Bank Announce up to US$1.8 billion in Debt Relief for Togo
December 10, 2010 -- Press Release: IMF Executive Board Completes Fifth Review Under the Extended Credit Facility for Togo and Approves US$22 Million Disbursement
September 21, 2010 -- Press Release: Statement by an IMF Mission to Togo
June 25, 2010 -- Press Release: IMF Executive Board Completes Fourth Review Under ECF Arrangement for Togo and Approves US$16.2 Million Increase in Financial Support
April 15, 2010 -- Press Release: Statement by an IMF Mission to Togo
November 25, 2009 -- Press Release: IMF Executive Board Completes Third Review Under PRGF Arrangement with Togo and Approves the Disbursement of US$14 million
September 22, 2009 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Togo
April 21, 2009 -- Press Release: IMF Executive Board Completes Second Review under PRGF with Togo and Approves US$26.6 million Disbursement
February 25, 2009 -- Press Release: Statement by an IMF Staff Mission to Togo
November 25, 2008 -- Press Release: Togo Reaches Decision Point Under the Enhanced HIPC Debt Relief Initiative
September 22, 2008 -- Press Release: Statement by the IMF Staff Mission to Togo
September 22, 2008 -- Press Release: IMF Executive Board Completes First Review Under Togo's PRGF Arrangement, and Approves Increase in Financial Support by US$29 million
September 02, 2008 -- Press Release: IMF Deputy Managing Director Murilo Portugal's Statement at the Conclusion of his Visit to Togo
August 07, 2008 -- Press Release: IMF Managing Director Dominique Strauss-Kahn Underscores Commitment to Togo in Wake of Devastating Floods
April 21, 2008 -- Press Release: IMF Executive Board Approves US$108.4 Million Poverty Reduction and Growth Facility Arrangement for Togo
The Executive Board of the International Monetary Fund (IMF) approved today a three-year arrangement under the Poverty Reduction and Growth Facility (PRGF) for Togo in an amount equivalent to SDR 66.06 million (about US$$108.4 million) to support the government's economic program for 2008-10
December 12, 2007 -- Press Release: Statement by the IMF Staff Mission to Togo
November 09, 2007 -- Press Release: Statement by IMF Managing Director Dominique Strauss-Kahn Following a Meeting with Togo President Faure Gnassingbé
November 09, 2006 -- Press Release: Statement by the IMF Staff Mission to Togo
May 29, 2003 -- Press Release: Inauguration of the West Africa Regional Technical Assistance Center (AFRITAC)
July 01, 1997 -- Press Release: IMF Approves Third Annual ESAF Loan for Togo
December 20, 1995 -- Press Release: IMF Approves Second Annual Loan for Togo Under the ESAF
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Public Information Notices
July 27, 2011 -- Public Information Notice: IMF Executive Board Concludes 2001 Article IV Consultation with Togo
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 12, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Togo
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
June 13, 2007 -- Public Information Notice: IMF Executive Board Concludes 2007 Article IV Consultation with Togo
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 13, 2004 -- Public Information Notice: IMF Concludes 2003 Article IV Consultation with Togo
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
December 08, 2003 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Togo
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 03, 2001 -- Public Information Notice: IMF Concludes Article IV Consultation with Togo
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
July 07, 1999 -- Public Information Notice: IMF Concludes Article IV Consultation with Togo
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
February 19, 1998 -- Press Information Notice: IMF Concludes Article IV Consultation with Togo
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
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Publications
July 23, 2014 -- Togo: Poverty Reduction Strategy Paper
Series: Country Report No. 14/224
July 23, 2014 -- Togo: Poverty Reduction Strategy Paper-Joint Staff Advisory Note
Series: Country Report No. 14/225
April 12, 2013 -- Togo: Technical Assistance Report—Launch of the Project for Strengthening Public Financial Management
Series: Country Report No. 13/98
Notes: Also available in French
May 01, 2012 -- As You Sow So Shall You Reap: Public Investment Surges, Growth, and Debt Sustainability in Togo
Author/Editor: Andrle, Michal | David, Antonio | Espinoza, Raphael A. | Mills, Marshall | Zanna, Luis-Felipe
Series: Working Paper No. 12/127
January 26, 2011 -- Togo: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative Completion Point Document and Multilateral Debt Relief Initiative (MDRI)
Series: Country Report No. 11/28
January 12, 2011 -- Togo: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Modification of a Performance Criterion and Request for Extension of the Arrangement-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo.
Series: Country Report No. 11/10
Notes: Also available in French
January 04, 2011 -- Togo: Poverty Reduction Strategy Paper-Progress Report-Joint Staff Advisory Note
Series: Country Report No. 11/6
Notes: Also available in French
January 04, 2011 -- Togo: Poverty Reduction Strategy Paper-Progress Report
Series: Country Report No. 11/7
July 16, 2010 -- Togo: Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Requests for Waivers of Performance Criteria and Augmentation of Access - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo
Series: Country Report No. 10/216
Notes: Also available in French
February 24, 2010 -- Togo: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility
Series: Country Report No. 10/50
Notes: Also available in French
January 29, 2010 -- Togo
Series: Country Report No. 10/30
Notes: Also available in French.
January 29, 2010 -- Togo: Poverty Reduction Strategy Paper (2009-11)
Series: Country Report No. 10/33
Notes: Also available in French.
May 26, 2009 -- Togo: Selected Issues
Series: Country Report No. 09/165
Notes: Also available in French
December 11, 2008 -- Togo: Enhanced Initiative for Heavily Indebted Poor Countries— Decision Point Document
Series: Country Report No. 08/370
Notes: Also available in French
October 21, 2008 -- Togo: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Modification of Performance Criteria and Augmentation of Access - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo
Series: Country Report No. 08/346
Notes: Also available in French
May 23, 2008 -- Togo: Joint Staff Advisory Note on the Interim Poverty Reduction Strategy Paper
Series: Country Report No. 08/166
Notes: Full text also available in French.
April 30, 2008 -- Togo: Request for Three - Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo
Series: Country Report No. 08/146
Notes: Also available in French
April 25, 2008 -- Togo: Interim Poverty Reduction Strategy Paper
Series: Country Report No. 08/144
Notes: Full text also available in French.
June 25, 2007 -- Togo: Statistical Appendix
Series: Country Report No. 07/218
January 22, 2007 -- Togo: Staff-Monitored Program
Series: Country Report No. 07/22
March 01, 2004 -- Public Expenditure Management in Francophone Africa: A Cross-Country Analysis
Author/Editor: Moussa, Yaya
Series: Working Paper No. 04/42
March 14, 2003 -- West African Economic and Monetary Union (WAEMU) : Recent Economic Developments and Regional Policy Issues; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 03/70
November 05, 2001 -- West African Economic and Monetary Union (WAEMU) : Recent Economic Developments and Regional Policy Issues in 2000
Series: Country Report No. 01/193
November 05, 2001 -- West African Economic and Monetary Union (WAEMU) : Recent Economic Developments and Regional Policy Issues in 2000
Series: Country Report No. 01/193
July 19, 1999 -- Togo - Selected Issues
Series: IMF Staff Country Report No. 99/54
April 07, 1998 -- Togo Selected Issues
Series: IMF Staff Country Report No. 98/21
March 18, 1997 -- Togo-Recent Economic Developments
Series: IMF Staff Country Report No. 97/13
February 15, 1996 -- Togo - Statistical Annex
Series: IMF Staff Country Report No. 96/12
Notes: This statistical annex on Togo was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Togo or the Executive Board of the IMF.
January 15, 1994 -- Togo - Recent Economic Developments
Series: IMF Staff Country Report No. 94/3
Notes: This report on recent economic developments in Togo was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
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Speeches
May 29, 2003 -- Address by Eduardo Aninat at the Opening Ceremony of the West AFRITAC
Bamako, Mali
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Transcripts
April 25, 2009 -- Transcript of a Press Conference on the IMF's Sub-Saharan Africa Regional Economic Outlook, by Antoinette Sayeh, Director African Department, IMF
October 10, 2008 -- Transcript of the African Regional Economic Outlook Press Briefing
Transcript of the African Regional Economic Outlook Press Briefing