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.

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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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Togo and the IMF

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Regional Economic Outlook for Sub-Saharan Africa

Sub-Saharan Africa: Restarting the Growth Engine

May 2017

Growth momentum in sub-Saharan Africa remains fragile, marking a break from the rapid expansion witnessed since the turn of the millennium. 2016 was a difficult year for many countries, with regional growth dipping to 1.4 percent—the lowest level of growth in more than two decades. Most oil exporters were in recession, and conditions in other resource-intensive countries remained difficult. Other nonresource-intensive countries however, continued to grow robustly. A modest recovery in growth of about 2.6 percent is expected in 2017, but this falls short of past trends and is too low to put sub-Saharan Africa back on a path of rising living standards. While sub-Saharan Africa remains a region with tremendous growth potential, the deterioration in the overall outlook partly reflects insufficient policy adjustment. In that context, and to reap this potential, strong and sound domestic policy measures are needed to restart the growth engine. 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.