Togo: Enhanced Initiative for Heavily Indebted Poor Countries

Togo: Enhanced Initiative for Heavily Indebted Poor Countries— Decision Point Document

December 11, 2008

Preview Citation

Format: Chicago

Togo: Enhanced Initiative for Heavily Indebted Poor Countries— Decision Point Document, (USA: International Monetary Fund, 2008) accessed November 23, 2024

Also available in: français

Summary

This paper presents a decision point document for Togo’s Enhanced Initiative for Heavily Indebted Poor Countries. Economic performance has been improving although the country has been strongly affected by the recent surge in food and fuel prices as well as heavy flooding during the summer. As a consequence of the extended political crisis, interruption in foreign aid and the economic decline, Togo’s social indicators remain among the lowest in the world. Expenditures on health, education, and public investment are far below regional averages.

Subject: Arrears, Asset and liability management, Debt relief, Debt service, Debt service ratios, External debt

Keywords: Arrears, Arrears clearance, Bridge loan, Clearance operation, CR, Debt relief, Debt service, Debt service ratios, Economic growth, Exchange rate, Global, ISCR, MDRI assistance, MDRI debt relief, NPV of debt-to-exports ratio, NPV of debt-to-revenue ratio, NPV terms, Phosphate sector, PRSP process, Real GDP, Reform program, Togolese authorities, Umbrella account

Publication Details

Pages:

53
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/370
Stock No:

1TGOEA2008005
ISBN:

9781451836653
ISSN:

1934-7685

Notes

Also available in French

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