Togo: 2016 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Togo

May 17, 2017

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Format: Chicago

Togo: 2016 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Togo, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Also available in: français

Summary

This 2016 Article IV Consultation highlights the healthy rate of expansion in the economy of Togo in recent years. Growth was 5.2 percent in 2014–16. Inflation was well contained, explained by the lower food, energy, and transportation prices. Togo’s poverty rate declined from 61.7 percent in 2006 to 55.1 percent in 2015, though it remains geographically concentrated. Economic growth is expected to increase gradually in the medium term as the fiscal stance is put on a sustainable path. Growth is expected to pick up from 5 percent in 2016 to 5.6 by 2021, with the economy reaping the benefits of an improved transportation network and productivity gains in the agricultural sector.

Subject: Expenditure, External debt, Fiscal policy, Fiscal stance, Government debt management, Public debt, Public financial management (PFM), Public investment and public-private partnerships (PPP)

Keywords: CR, Debt, Debt service, Debt service pressure, Debt vulnerability, East Africa, Fiscal stance, Global, Government debt management, Infrastructure investment, Investment, ISCR, Poverty rate, Public enterprise debt, Public investment and public-private partnerships (PPP), Spending, Togo's economy, West Africa

Publication Details

Pages:

96
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/127
Stock No:

1TGOEA2017001
ISBN:

9781484300916
ISSN:

1934-7685

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