Togo: Selected Issues

International Monetary Fund

No 1999/054, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on Togo examines the banking sector in Togo. It describes the nature of the problems presently confronting the Togolese banking system, most of which have their origins in the impact of the sociopolitical crisis of 1991–93 on the banks’ portfolio structure and profitability. The paper analyzes these vulnerabilities, and the reform perspectives for the financial sector. The paper highlights that the decline in revenue as a share of GDP raises the question of whether the current tax structure has been fully exploited

Keywords: ISCR; CR; firm; public enterprise; CFA franc; capital base; central bank; banking system; withholding tax; economic activity; broad money; tax system; Commercial banks; Public enterprises; Income tax systems; Income and capital gains taxes; West Africa (search for similar items in EconPapers)
Pages: 98
Date: 1999-07-19
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1999/054

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