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Togo :, Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Modification of a Performance Criterion and Request for Extension of the Arrangement-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo

Togo showed solid progress under the Extended Credit Facility (ECF)-supported economic program. Executive Directors appreciated its strong track record of policy, reform implementation, and commitment to sound reforms. In addition to maintaining macroeconomic stability, Togo has fully met all other requirements for the HIPC completion point. The Executive Board welcomed its achievement on completion of the fifth review under the ECF and granted extension of the arrangement under HIPC to create the financial space toward the acceleration of its reform agenda, economic development, and meeting the MDGs
Table Of Contents
Cover; Contents; I. Difficult Economic Conditions but Good Program Performance; A. Growth Remains Modest despite Countercyclical Policies; B. Economic Program on Track; Figures; 1. Recent Macroeconomic Developments; 2. Moderate Negative Impact of Adverse External Environment; Boxes; 1. Slow Progress in Domestic Arrears Clearance; 2. Recent Developments in the Togolese Banking Sector; 3. Togo: Banking Sector Indicators 2008-10; C. Satisfactory Progress on Structural Reforms but Challenges Remain; II. Laying the Foundations for Sustained Growth: Outlook for 2010 and 2011
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (54 p.)
Specific Material Designation
Form Of Item

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