Togo: Staff Report for 2013 Article IV Consultation
This 2013 Article IV Consultation highlights that Togo has made significant progress in macroeconomic stability, but challenges remain in accelerating economic reforms and reducing poverty. Real economic growth accelerated from almost 4½ in 2010–2011 to 5¾ in 2012–2013, reflecting dynamism in agriculture, mining, construction and public works, particularly in transportation infrastructure. Growth has been accompanied by a widening of the current account deficit, financed mainly through foreign direct investment. Directors have commended the authorities’ actions to control the fiscal deficit and to set Togo on a sustainable debt path.
Year of publication: |
2014-02-07
|
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Article IV consultation reports | Economic growth | Fiscal policy | Budget deficits | Income distribution | Poverty | Banking sector | Microfinance | Bank supervision | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Togo |
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