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Togo: Staff-Monitored Program

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  • International Monetary Fund

Abstract

This paper focuses on the Staff-Monitored Program (SMP) for Togo. The SMP aims to support the preparation of a realistic 2007 budget, with a moderate primary adjustment; anchor budget execution in a pre-election period; strengthening fiscal governance, especially on expenditure management; initiating urgent banking sector reforms; and preparing for state-owned enterprise reforms. During the SMP, the authorities intend to update Togo’s Interim Poverty Reduction and Growth Strategy Paper (I-PRSP), set up a program monitoring mechanism, and reengage with donors, whose technical and financial assistance will be crucial for medium-term prospects.

Suggested Citation

  • International Monetary Fund, 2007. "Togo: Staff-Monitored Program," IMF Staff Country Reports 2007/022, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/022
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