IMF Staff Country Reports

Togo: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

February 24, 2010

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Togo: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2010) accessed December 25, 2024

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Summary

This paper discusses key findings of the Third Review Under the Poverty Reduction and Growth Facility (PRGF) for Togo. The PRGF-supported program remains on track despite the shocks. All quantitative and structural performance criteria through end-June 2009 were met. All targets for implementation of structural reforms were fulfilled through end-June; delays have developed for the second half of 2009 primarily owing to capacity constraints. The authorities have committed to completing key reforms in 2010 to strengthen public finances, restructure the banking system, and accelerate growth.

Subject: Arrears, Asset and liability management, Debt relief, Debt sustainability analysis, External debt, Public debt

Keywords: Arrears, Clearance operation, Clearance strategy, CR, Debt indicator, Debt relief, Debt sustainability analysis, Global, ISCR, PRGF arrangement, PRGF-supported program, Real GDP, SDR, Togo

Publication Details

  • Pages:

    62

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/050

  • Stock No:

    1TGOEA2010003

  • ISBN:

    9781451836707

  • ISSN:

    1934-7685

Notes