IMF Staff Country Reports

Togo: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Togo

November 13, 2015

Download PDF

Preview Citation

Format: Chicago

Togo: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Togo, (USA: International Monetary Fund, 2015) accessed December 23, 2024

Also available in: français

Summary

This 2015 Article IV Consultation highlights that Togo’s economic growth has remained strong in recent years, averaging 5.4 percent in 2013–14, on the back of productivity gains in the agricultural sector and public investment in transport infrastructure. The fast pace of public investment has laid the basis for higher growth but has also contributed to a pronounced increase in public debt and current account deficit. Output growth is expected to be sustained over the medium term, although current account and debt pressures are unlikely to abate. Growth is expected to average 5.5 percent in 2015–18, supported by agricultural production, transportation services linked to international trade, and the impact of investments in transport infrastructure.

Subject: Balance of payments, Current account deficits, External debt, Government debt management, Public debt, Public financial management (PFM), Revenue administration

Keywords: CR, Creating flow, Current account deficits, Debt, Economic statistics, Fuel price subsidy, GDP, Global, Government, Government debt management, Government finance high frequency data, Infrastructure investment, ISCR, Oil price trend, Optimistic projection, Real GDP, Revenue administration measure, Togo vision, West Africa

Publication Details

  • Pages:

    73

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2015/309

  • Stock No:

    1TGOEA2015001

  • ISBN:

    9781513501017

  • ISSN:

    1934-7685

Notes

Also Available in French

You May Also Be Interested In...

Islamic Republic of Mauritania: Staff Report for the 2024 Article IV Consultation, Third Review Under the Arrangements Under the Extended Credit Facility and Extended Fund Facility, Request for Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania

December 20, 2024

On Cross-Border Crypto Flows: Measurement Drivers and Policy Implications

December 20, 2024

Ukraine: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ukraine

December 20, 2024

Ecuador: 2024 Article IV Consultation and First Review Under the Extended Arrangement Under the Extended Fund Facility and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

December 19, 2024