Togo : 2016 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Togo.

This 2016 Article IV Consultation highlights the healthy rate of expansion in the economy of Togo in recent years. Growth was 5.2 percent in 2014-16. Inflation was well contained, explained by the lower food, energy, and transportation prices. Togo's poverty rate declined from 61.7 percent in 2...

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Bibliographic Details
Corporate Author: International Monetary Fund. African Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Staff Country Reports; Country Report ; No. 2017/127
Online Access:Full text available on IMF
Description
Summary:This 2016 Article IV Consultation highlights the healthy rate of expansion in the economy of Togo in recent years. Growth was 5.2 percent in 2014-16. Inflation was well contained, explained by the lower food, energy, and transportation prices. Togo's poverty rate declined from 61.7 percent in 2006 to 55.1 percent in 2015, though it remains geographically concentrated. Economic growth is expected to increase gradually in the medium term as the fiscal stance is put on a sustainable path. Growth is expected to pick up from 5 percent in 2016 to 5.6 by 2021, with the economy reaping the benefits of an improved transportation network and productivity gains in the agricultural sector.
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Physical Description:1 online resource (96 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students