Togo: Recent Economic Developments
January 15, 1994
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This paper reviews economic developments in Togo during 1990–94. In 1990, the economic situation deteriorated, with an overall growth of real GDP of only 0.1 percent. Growth in the primary sector decelerated, in comparison with the previous year, largely because of late rains, but remained appreciable (3 percent), despite the decline in the production of food crops. Output in the secondary sector fell by 4.4 percent. In 1991, real GDP contracted by 0.9 percent, marking the beginning of a three-year decline.
Subject: Agricultural commodities, Banking, Commodities, Credit, Economic sectors, Exports, External debt, International trade, Money, Public enterprises
Keywords: Agricultural commodities, central bank, CFA franc, CR, Credit, debt service, discount rate, Eastern Europe, economic activity, Exports, Global, ISCR, money market, Public enterprises, state enterprise, West Africa
Pages:
114
Volume:
1994
DOI:
Issue:
003
Series:
Country Report No. 1994/003
Stock No:
1TGOEA0011994
ISBN:
9781451836523
ISSN:
1934-7685
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.
