Togo: Selected Issues
July 19, 1999
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This Selected Issues paper on Togo examines the banking sector in Togo. It describes the nature of the problems presently confronting the Togolese banking system, most of which have their origins in the impact of the sociopolitical crisis of 1991–93 on the banks’ portfolio structure and profitability. The paper analyzes these vulnerabilities, and the reform perspectives for the financial sector. The paper highlights that the decline in revenue as a share of GDP raises the question of whether the current tax structure has been fully exploited
Subject: Banking, Commercial banks, Economic sectors, Financial institutions, Income and capital gains taxes, Income tax systems, Public enterprises, Revenue administration, Taxes
Keywords: banking system, broad money, capital base, central bank, CFA franc, Commercial banks, CR, economic activity, firm, Income and capital gains taxes, Income tax systems, ISCR, public enterprise, Public enterprises, tax system, West Africa, withholding tax
Pages:
98
Volume:
1999
DOI:
Issue:
054
Series:
Country Report No. 1999/054
Stock No:
1TGOEA0011999
ISBN:
9781451836561
ISSN:
1934-7685
