Togo [electronic resource] : 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
Washington, D.C. : International Monetary Fund, 2010.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 10/216.
IMF Staff Country Reports; Country Report No. 10/216
Government document
1 online resource (65 p.)
Local subjects:
Account deficits.
Actual debt.
Aggregate demand.
Balance of payments.
Bilateral agreements.
Budget balance.
Budget deficit.
Budget execution data.
Budget execution reports.
Budget law.
Budget support.
Central bank.
Commercial debt.
Currency debt.
Current account.
Current account balance.
Current account deficit.
Current account deficits.
Debt accumulation.
Debt burden.
Debt data.
Debt dynamics.
Debt management.
Debt management capacity.
Debt ratio.
Debt ratios.
Debt reduction.
Debt relief.
Debt relief initiative.
Debt service.
Debt servicing.
Debt stock.
Debt stocks.
Debt strategy.
Debt sustainability.
Debt sustainability analysis.
Domestic debt.
Domestic debt burden.
Domestic debt data.
Domestic financing.
Domestic public debt.
External borrowing.
External debt.
External debt indicators.
External debt sustainability.
External financing.
External public debt.
External shocks.
Fiscal balance.
Fiscal consolidation.
Fiscal cost.
Fiscal costs.
Fiscal deficit.
Fiscal deficit target.
Fiscal framework.
Fiscal governance.
Fiscal impact.
Fiscal liabilities.
Fiscal management.
Fiscal measures.
Fiscal objectives.
Fiscal performance.
Fiscal policies.
Fiscal policy.
Fiscal revenues.
Fiscal risks.
Fiscal stance.
Fiscal sustainability.
Fiscal targets.
Foreign aid.
Formal sector.
Government budget.
Government expenditure.
Government expenditure management.
Government revenue.
Imf repurchases.
Increase in expenditures.
Long-term debt.
Multilateral debt.
Multilateral debt relief.
Net debt.
Payment arrears.
Ppg debt.
Primary budget balance.
Primary budget deficit.
Primary deficit.
Primary expenditure.
Primary fiscal balance.
Primary fiscal deficit.
Private sector debt.
Prudent fiscal policy.
Public and publicly guaranteed.
Public and publicly guaranteed debt.
Public debt.
Public debt management.
Public expenditure.
Public expenditures.
Public finance.
Public finances.
Public sector borrowing.
Public sector debt.
Public spending.
Reducing fiscal risks.
Reduction in tax.
Revenue collection.
Short-term debt.
Sustainable fiscal policy.
Tax administration.
Tax base.
Tax collection.
Tax rates.
Tax revenue.
Tax revenues.
Traditional debt relief.
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.
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