{ "title": "IMF Staff Concludes Virtual Visit to Togo", "publication": "IMF News, June 18, 2021", "sourceUrl": "https://www.imf.org/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo", "canonical": "https://www.imf.org/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo", "overlayPath": "/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo/index.md", "summary": "Press Release No. 21/188", "publishDate": "2021-06-18", "sections": [ { "heading": "Mission summary", "content": "- Press Release No. 21/188\n- Mission dates: June 1–18, 2021\n- IMF team led by Mr. Jaroslaw Wieczorek, Mission Chief for Togo\n- Visit format: virtual meetings with the Togolese authorities\n- Note: This mission will not result in a Board discussion." }, { "heading": "Focus of discussions", "content": "- Measures to support the ongoing response to COVID-19.\n- Efforts to strengthen the nascent economic recovery.\n- Need for reforms to foster inclusive and sustainable private sector-led growth and improve development outcomes over the medium term.\n- The Togolese authorities expressed interest in support under the Extended Credit Facility (ECF)." }, { "heading": "Key findings and progress", "content": "- Good progress was made on key assumptions underpinning the macroeconomic framework.\n- Objective of those assumptions: ensure resources for planned vaccinations and other COVID-19 related needs, and maintain continued medium-term macroeconomic stability with fiscal space for social and development spending.\n- The Togolese authorities confirmed their commitment to reforms based on the 2020–25 Roadmap and the National Development Plan." }, { "heading": "Policy implications and recommendations", "content": "- Continue measures to support COVID-19 response, including securing resources for planned vaccinations and other pandemic-related needs.\n- Pursue reforms that can be leveraged to foster inclusive and sustainable private sector-led growth and improve development outcomes over the medium term.\n- Preserve fiscal space to allow for social and development spending while maintaining medium-term macroeconomic stability." }, { "heading": "Next steps and outlook", "content": "- Discussions are expected to continue in the near future with a view to finalizing the understandings on a new ECF arrangement.\n- The mission will not lead to a Board discussion; further engagement will focus on finalizing an ECF arrangement." }, { "heading": "IMF contact for media", "content": "- IMF Communications Department, MEDIA RELATIONS\n- PRESS OFFICER: Andrew Kanyegirire\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- Twitter: @IMFSpokesperson\n\nIMF staff statement issued by Mr. Jaroslaw Wieczorek, Mission Chief for Togo.\n\n---\n\n\n References\n\n- Togo and the IMF\n- Press Releases\n- PRESS CENTER\n- Extended Credit Facility\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo" } ], "bullets": [ "[Markdown version](/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo/index.md)", "[Structured JSON version](/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo/index.json)", "[Bundle manifest](/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo/bundle-manifest.json)", "Published: June 18, 2021", "Press Release No. 21/188", "Mission dates: June 1–18, 2021", "IMF team led by Mr. Jaroslaw Wieczorek, Mission Chief for Togo", "Visit format: virtual meetings with the Togolese authorities", "Note: This mission will not result in a Board discussion.", "Measures to support the ongoing response to COVID-19.", "Efforts to strengthen the nascent economic recovery.", "Need for reforms to foster inclusive and sustainable private sector-led growth and improve development outcomes over the medium term.", "The Togolese authorities expressed interest in support under the Extended Credit Facility (ECF).", "Good progress was made on key assumptions underpinning the macroeconomic framework.", "Objective of those assumptions: ensure resources for planned vaccinations and other COVID-19 related needs, and maintain continued medium-term macroeconomic stability with fiscal space for social and development spending.", "The Togolese authorities confirmed their commitment to reforms based on the 2020–25 Roadmap and the National Development Plan.", "Continue measures to support COVID-19 response, including securing resources for planned vaccinations and other pandemic-related needs.", "Pursue reforms that can be leveraged to foster inclusive and sustainable private sector-led growth and improve development outcomes over the medium term.", "Preserve fiscal space to allow for social and development spending while maintaining medium-term macroeconomic stability.", "Discussions are expected to continue in the near future with a view to finalizing the understandings on a new ECF arrangement.", "The mission will not lead to a Board discussion; further engagement will focus on finalizing an ECF arrangement.", "IMF Communications Department, MEDIA RELATIONS", "PRESS OFFICER: Andrew Kanyegirire", "Phone: +1 202 623-7100", "Email: MEDIA@IMF.org", "Twitter: @IMFSpokesperson", "[Togo and the IMF](http://www.imf.org/external/country/TGO/index.htm)", "[Press Releases](https://www.imf.org/en/news/searchnews)", "[PRESS CENTER](http://presscenter.imf.org/)", "[Extended Credit Facility](https://www.imf.org/en/About/Factsheets/Sheets/2016/08/02/21/04/Extended-Credit-Facility)", "[https://www.imf.org/en/home](https://www.imf.org/en/home)" ], "alternates": { "markdown": "/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo/index.md", "json": "/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo/index.json", "bundleManifest": "/en/news/articles/2021/06/18/pr21188-togo-imf-staff-concludes-virtual-visit-to-togo/bundle-manifest.json" }, "generatedAtUtc": "2026-09-26T00:29:15.403Z" }