Togo: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative Completion Point Document and Multilateral Debt Relief Initiative (MDRI)

IMF Staff Country Reports, January 26, 2011

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Togo: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative Completion Point Document and Multilateral Debt Relief Initiative (MDRI)

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Bibliographic details

• Published: January 26, 2011
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781455213863.002

Overview

• This paper discusses Togo’s progress under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
• In November 2008, the Boards of Executive Directors of the IDA and the IMF agreed that Togo had met the requirements for reaching the decision point under the Enhanced HIPC Initiative.
• The paper assesses Togo’s performance in reaching the completion point under the Enhanced HIPC Initiative and provides an updated debt relief analysis.
• In the opinion of the IDA and IMF staff, satisfactory progress has been made in implementing the reforms specified for reaching the completion point.

Assessment and Findings

• The Boards of Executive Directors of the IDA and the IMF agreed in November 2008 that Togo had met the requirements for reaching the decision point under the Enhanced HIPC Initiative.
• The paper assesses performance toward the completion point and delivers an updated debt relief analysis.
• IDA and IMF staff view: "satisfactory progress has been made in implementing the reforms specified for reaching the completion point."

Debt Relief Analysis

• The paper "provides an updated debt relief analysis" as part of the assessment of completion point performance.

Subjects and Keywords

• Subjects:
  • Arrears
  • Asset and liability management
  • Debt relief
  • Debt service
  • Debt service ratios
  • External debt
  • Public debt
• Keywords:
  • Arrears
  • balance of payments
  • CR
  • debt forgiveness
  • debt management
  • Debt relief
  • Debt service
  • Debt service ratios
  • exchange rate
  • Global
  • government
  • ISCR
  • real GDP
  • sensitivity analysis
  • Togolese authorities
  • West Africa

Content in this bundle

• Appendix I: Debt Management
  • Appendix I: Debt Management (Markdown version)
  • Appendix I: Debt Management (PDF)