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AALejournalIMF018132 |
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|c 5.00 USD
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|z 9781484333075
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
|b African Dept.
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|a Togo :
|b First Review under the Extended Credit Facility-Press Release; and Staff Report.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2017.
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|a 1 online resource (71 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper discusses Togo's First Review Under the Extended Credit Facility (ECF) Arrangement. Program implementation under the ECF-supported program has been good. All quantitative performance criteria and prior actions were met as well as four out of five structural benchmarks. The fiscal consolidation envisaged under the ECF-supported program has begun. The primary deficit improved from an annual average of about 6 percent of GDP in 2013-16 to a surplus of 1.4 percent of GDP in the first half of 2017, due primarily to expenditure rationalization and the halting of non-orthodox financing of public investment. The IMF staff supports the completion of the first ECF review as most quantitative targets, prior actions, and structural benchmarks have been met.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2017/379
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2017/379/002.2017.issue-379-en.xml
|z IMF e-Library
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