IMF Staff Country Reports

Togo : Staff Report for 2013 Article IV Consultation

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

February 7, 2014

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2013 Article IV Consultation highlights that Togo has made significant progress in macroeconomic stability, but challenges remain in accelerating economic reforms and reducing poverty. Real economic growth accelerated from almost 4½ in 2010–2011 to 5¾ in 2012–2013, reflecting dynamism in agriculture, mining, construction and public works, particularly in transportation infrastructure. Growth has been accompanied by a widening of the current account deficit, financed mainly through foreign direct investment. Directors have commended the authorities’ actions to control the fiscal deficit and to set Togo on a sustainable debt path.

Series:

Country Report No. 14/38

Subject:

Article IV consultation reports Bank supervision Banking sector Budget deficits Debt sustainability analysis Economic growth Economic indicators Fiscal policy Income distribution Microfinance Poverty Press releases Staff Reports Togo

Notes:

Also Available in French