Togo: 2009 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo
June 23, 2009
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Summary
This 2009 Article IV Consultation discusses that a nascent recovery in Togo’s economy is expected to be offset in 2009 by the impact of the global recession. The authorities have reiterated their commitment to the Poverty Reduction and Growth Facility (PRGF)-supported program and aim to accelerate growth-enhancing structural reforms. Executive Directors have commended the Togolese authorities for their strong implementation of economic policy and reforms, despite the adverse global and domestic circumstances. They have also welcomed the authorities’ intention to continue to focus on targeted measures to mitigate the social impact of shocks.
Subject: Arrears, Credit, Debt service, External debt, National accounts, Public financial management (PFM), Structural reforms
Keywords: Arrears, audit firm, CR, current account, debt management, Debt service, Executive Board's discussion, fiscal policy, Global, ISCR, phosphate sector, plan, PRGF-supported program, Togolese economy, West Africa
Pages:
76
Volume:
2009
DOI:
Issue:
194
Series:
Country Report No. 2009/194
Stock No:
1TGOEA2009002
ISBN:
9781451836677
ISSN:
1934-7685





