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 2006 t...

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Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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
Physical Description:96 pages
ISBN:9781484300916