European Parliament Library

Togo :, 2007 Article IV Consultation and First Staff Review of the Staff-Monitored Program: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Togo

The 2007 Article IV Consultation highlights Togo’s developments and performance under the Staff-Monitored Program (SMP). Togolese banks have the highest nonperforming loan (NPL) ratio in the West African Economic and Monetary Union (WAEMU) area, reflecting primarily past lending to loss-making enterprises in the cotton and phosphate sectors. Executive Directors commended the progress made in restoring fiscal discipline and strengthening governance, in particular the reforms to strengthen tax and customs administration and improve expenditure control
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Recent Developments and Performance Under the SMP; Tables; 1. Quantitative Benchmarks Under the Staff-Monitored Program; III. Near-term Challenges; 2. Structural Benchmarks Under the Staff-Monitored Program; IV. Medium-Term Reform Agenda; A. Overview: Key Challenges; B. Medium-term Scenarios; 3. Medium-Term Scenarios With and Without Reforms and Debt Relief, 2006-10; C. Reviving Economic Growth and External Competitiveness; Boxes; 1. Is Togo's Exchange Rate Overvalued?; D. Moving Toward Fiscal and Debt Sustainability
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (61 p.)
Specific Material Designation
Form Of Item

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