This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Togo and the IMF. Additional information can be found on Togo and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Togo.
At a Glance
- Togo joined the Fund in August 1, 1962; Article VIII
- Total Quotas: SDR 146.8 Million
- Loans outstanding: ECF Arrangements SDR 114.54 Million
- Last Article IV Consultation: 2019 Article IV Consultation (Report No. 19/205, July 2, 2019)
Togo and the IMF
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May 8, 2024
IMF staff has reached staff-level agreement with Benin on the Fourth Review of Benin’s EFF/ECF and the First Review of the Resilience and Sustainability Facility (RSF) and completed the 2024 Article IV consultation.
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IMF Staff Concludes Visit to Senegal
May 3, 2024
A team from the International Monetary Fund (IMF), led by Mr. Edward Gemayel, conducted a mission to Senegal from April 26 to May 3, 2024, to take stock of the recent economic and political developments and lay the ground for the second review under the existing IMF-supported program.
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April 30, 2024
An International Monetary Fund (IMF) team, led by Ms. Wenjie Chen, visited Bamako from April 21 to 26, 2024, following high-level discussions with the Malian authorities in Washington D.C. during the Spring Meetings from April 15 to 17, 2024
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April 18, 2024
Opening remarks by Krishna Srinivasan, Asia and Pacific Department Director at the Press Conference on the Regional Economic Outlook for Asia and Pacific,Washington, DC, April 18, 2024
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April 8, 2024
IMF Reaches Staff Level Agreement with Côte d’Ivoire on the Second Review of the EFF/ECF Arrangements and First Review of the RSF Arrangement
Regional Economic Outlook for Sub-Saharan Africa
April 19, 2024
A Tepid and Pricey RecoveryAfter four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.