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Togo: Recent Economic Developments

International Monetary Fund

No 1994/003, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Togo during 1990–94. In 1990, the economic situation deteriorated, with an overall growth of real GDP of only 0.1 percent. Growth in the primary sector decelerated, in comparison with the previous year, largely because of late rains, but remained appreciable (3 percent), despite the decline in the production of food crops. Output in the secondary sector fell by 4.4 percent. In 1991, real GDP contracted by 0.9 percent, marking the beginning of a three-year decline.

Keywords: ISCR; CR; debt service; central bank; economic activity; CFA franc; discount rate; state enterprise; money market; Exports; Public enterprises; Agricultural commodities; Credit; West Africa; Eastern Europe; Global (search for similar items in EconPapers)
Pages: 114
Date: 1994-01-15
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