Togo; Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

This paper discusses key findings of the Third Review Under the Poverty Reduction and Growth Facility (PRGF) for Togo. The PRGF-supported program remains on track despite the shocks. All quantitative and structural performance criteria through end-June 2009 were met. All targets for implementation of structural reforms were fulfilled through end-June; delays have developed for the second half of 2009 primarily owing to capacity constraints. The authorities have committed to completing key reforms in 2010 to strengthen public finances, restructure the banking system, and accelerate growth.

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Year of publication:	2010-02-24
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Announcements \| Bank restructuring \| Budgets \| Debt sustainability \| Economic growth \| Economic indicators \| Financial management \| Fiscal consolidation \| Fiscal reforms \| Poverty Reduction and Growth Facility \| Staff Reports \| public finances \| public debt \| domestic financing \| tax revenue \| current account \| domestic debt \| fiscal measures \| fiscal policy \| fiscal governance \| budget law \| fiscal balance \| debt management \| external debt \| balance of payments \| payment arrears \| tax base \| current account deficit \| debt service \| debt reduction \| debt relief \| central bank \| tax rates \| primary fiscal balance \| fiscal reporting \| fiscal objectives \| tax administration \| public expenditures \| fiscal implications \| current account balance \| tax collections \| external financing \| public debt management \| debt sustainability analysis \| fiscal policies \| budget deficit \| foreign aid \| fiscal cost \| public expenditure \| capital expenditure \| budget support \| tax system \| government debt \| budget execution data \| budget execution reports \| fiscal performance \| public finance \| external public debt \| commercial creditors \| fiscal risk \| formal sector \| fiscal revenues \| debt data \| fiscal risks \| fiscal surplus \| external shocks \| concessional debt \| external debt sustainability \| public borrowing \| fiscal expenditure \| account deficits \| government budget \| public spending \| areas of debt management \| accumulation of arrears \| current account deficits \| domestic debt data \| debt stocks \| actual debt \| fiscal sustainability \| tax authorities \| tax collection \| debt management capacity \| primary budget deficit \| cyclical fiscal policies \| fiscal revenue \| cyclical fiscal policy \| prudent fiscal policies \| tax policy \| domestic public debt \| primary deficit \| primary expenditure \| debt situation

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/50 6 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011245552