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.

Togo and the IMF Country Page

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At a Glance

  • Togo joined the Fund in August 1, 1962; Article VIII
  • Total Quotas: SDR 73.40 Million (as of May 31, 2011))
  • Loans outstanding: ECF Arrangements SDR 86.45 Million
  • Last Article IV Consultation: 2013 Article IV Consultation

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News and Highlights

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Togo and the IMF

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Regional Economic Outlook for Sub-Saharan Africa

Sub-Saharan Africa: Capital Flows and The Future of Work

October 2018

The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. While fiscal imbalances are being contained in many countries, the adjustment has typically occurred through a combination of higher commodity revenues and sharp cuts in capital spending, with little progress on domestic revenue mobilization. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to absorb the likely flow of new entrants into labor markets. The outlook is surrounded by significant downside risks, particularly considering the elevated policy uncertainty in the global economy. Shielding the recovery and raising medium-term growth would require reducing debt vulnerabilities and creating fiscal space through more progress on domestic revenue mobilization, and policies to achieve strong sustainable and inclusive growth. Read the report


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Departmental Papers on Africa

Africa Departmental Papers Cover 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.