Togo: Second Review Under the Arrangement Under the Extended Credit Facility, Requests for Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, Extension of the Arrangement, and Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for Togo
July 11, 2025
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Following the shocks of recent years starting with the COVID-19 pandemic,
fiscal expansion helped preserve robust growth but also pushed up Togo’s public debt
and contributed to a temporary drawdown of foreign exchange reserves in the West
African Economic and Monetary Union (WAEMU), while progress on the sustainable
development goals has slowed.
fiscal expansion helped preserve robust growth but also pushed up Togo’s public debt
and contributed to a temporary drawdown of foreign exchange reserves in the West
African Economic and Monetary Union (WAEMU), while progress on the sustainable
development goals has slowed.
Subject: Commercial banks, Debt sustainability, External debt, Financial institutions, Public debt, Revenue administration
Keywords: authorities request, Commercial banks, debt accumulation, Debt sustainability, ECF arrangement, Global, government program, headline inflation, IMF governance Diagnostic Assessment, West Africa
Pages:
125
Volume:
2025
DOI:
Issue:
178
Series:
Country Report No. 2025/178
Stock No:
1TGOEA2025002
ISBN:
9798229017251
ISSN:
1934-7685
