European Parliament Library

Togo, Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Requests for Waivers of Performance Criteria and Augmentation of Access - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo, International Monetary Fund

Togo’s macroeconomic situation remains difficult, despite some modest improvements. Despite the impact of the global recession, program implementation has generally been satisfactory, although corrective actions are necessary for recent slippages. Debt management and monitoring are being strengthened. In light of the difficult macroeconomic conditions, a countercyclical fiscal policy stance is required. Sustainable fiscal policy requires a gradual consolidation, as global conditions improve further. Togo’s main economic challenges are continuing to strengthen public finances and completing structural reforms to enhance growth potential
Table Of Contents
Cover; Table of Contents; Executive Summary; I. Recent Economic Developments and Program Performance; A. Growth below Potential Following Global Recession; B. Economic Policy Broadly on Track despite Slippages; Figures; 1. Recent Macroeconomic Developments; 2. Togo: Moderate Negative Impact of Adverse External Environment; Boxes; 1. Improving Togo's Level of Public Investment; 3. WAEMU and Togo: Capital Investment (as a percentage of GDP); 4. Togo: Public Investment Planned and Executed 2007-10; C. Satisfactory Progress on Structural Reforms but Challenges Remain
Literary Form
non fiction
First edition.
Description based upon print version of record
Physical Description
1 online resource (67 p.)
Specific Material Designation
Form Of Item

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