Togo: Poverty Reduction Strategy Paper-Joint Staff Advisory Note
International Monetary Fund
No 2014/225, IMF Staff Country Reports from International Monetary Fund
Abstract:
This Joint Staff Advisory Note on the Poverty Reduction Strategy Paper for Togo, discusses that the new Strategy for Boosting Growth and Promoting Employment (SCAPE) presents the overarching reference framework for the Government’s development agenda and reflects the authorities’ aspiration to become, over the next 15–20 years, a middle income country, in which the rule of law and human rights are respected. The SCAPE draws upon the results of a nationally representative household survey (QUIBB). Being comprehensive, the SCAPE offers less in terms of prioritization. In light of persistent capacity constraints and limited financing, it would have been advantageous if the SCAPE had presented a clearer perspective on the Government’s role in the development process, if a more focused growth and social development strategy had been articulated, and if SCAPE’s implementation mechanisms had been closer aligned with existing decision-making mechanisms. The IMF staff suggests that the SCAPE’s analysis could be supplemented with additional analyses on the impact of SCAPE policies on poverty, inequality and (rural) employment.
Keywords: ISCR; CR; government; governance; governance reform; Togo; government of Togo; government's priority; holding company; macroeconomic performance; authorities' aspiration; national budget; budget resource; D. strengthening governance; Poverty reduction strategy; Income inequality; Global (search for similar items in EconPapers)
Pages: 16
Date: 2014-07-23
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