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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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, (USA: International Monetary Fund, 2009) accessed November 23, 2024

Also available in: français

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

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/194
Stock No:

1TGOEA2009002
ISBN:

9781451836677
ISSN:

1934-7685

Notes

Also available in French

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