Togo: Staff-Monitored Program
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Summary:
This paper focuses on the Staff-Monitored Program (SMP) for Togo. The SMP aims to support the preparation of a realistic 2007 budget, with a moderate primary adjustment; anchor budget execution in a pre-election period; strengthening fiscal governance, especially on expenditure management; initiating urgent banking sector reforms; and preparing for state-owned enterprise reforms. During the SMP, the authorities intend to update Togo’s Interim Poverty Reduction and Growth Strategy Paper (I-PRSP), set up a program monitoring mechanism, and reengage with donors, whose technical and financial assistance will be crucial for medium-term prospects.
Series:
Country Report No. 2007/022
Subject:
Arrears Banking Budget planning and preparation Commercial banks External debt Financial institutions Public financial management (PFM) State-owned banks
English
Publication Date:
January 22, 2007
ISBN/ISSN:
9781451836585/1934-7685
Stock No:
1TGOEA2007001
Pages:
47
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