Togo: Request for Three: Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo

April 30, 2008

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Format: Chicago

Togo: Request for Three: Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo, (USA: International Monetary Fund, 2008) accessed September 19, 2024

Also available in: français

Summary

Togo has made significant progress in advancing economic and political reforms under the Staff-Monitored Program (SMP). Important fiscal governance reforms have boosted tax revenues and helped expenditure control. The I-PRSP is designed to preserve macroeconomic stability while reviving economic growth and reducing poverty. The Poverty Reduction Growth Facility (PRGF) helped to consolidate macroeconomic stability, achieve fiscal and debt sustainability and pave the way for HIPC/MDRI debt relief. On account of a strong performance under the SMP, a fast reviving economy and achieving fiscal and debt sustainability, Togo requested a three-year arrangement with the IMF under the PRGF.

Subject: Arrears, Debt relief, Debt service, External debt, Poverty, Poverty reduction, Poverty reduction strategy

Keywords: Arrears, Authority, Clearance operation, CR, Debt service, Global, Growth facility, IMF staff mission, ISCR, Poverty reduction, Poverty reduction strategy, PRGF arrangement, Three-Year, Three-Year arrangement, West Africa

Publication Details

Pages:

77
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/146
Stock No:

1TGOEA2008002
ISBN:

9781451836622
ISSN:

1934-7685

Notes

Also available in French

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