Togo: Enhanced Initiative for Heavily Indebted Poor Countries— Decision Point Document

International Monetary Fund

No 2008/370, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents a decision point document for Togo’s Enhanced Initiative for Heavily Indebted Poor Countries. Economic performance has been improving although the country has been strongly affected by the recent surge in food and fuel prices as well as heavy flooding during the summer. As a consequence of the extended political crisis, interruption in foreign aid and the economic decline, Togo’s social indicators remain among the lowest in the world. Expenditures on health, education, and public investment are far below regional averages.

Keywords: ISCR; CR; Togolese authorities; exchange rate; economic growth; real GDP; NPV terms; MDRI debt relief; Umbrella account; bridge loan; NPV of debt-to-revenue ratio; phosphate sector; clearance operation; MDRI assistance; NPV of debt-to-exports ratio; arrears clearance; PRSP process; reform program; Debt relief; Arrears; Debt service; Debt service ratios; Global (search for similar items in EconPapers)
Pages: 53
Date: 2008-12-11
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=22532 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2008/370

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().