IMF Mission in Togo Reviews $403 Million Credit Facility
Lomé, Sept. 29, 2025 – An International Monetary Fund (IMF) mission began work in Lomé on Monday as part of the third review of Togo’s Extended Credit Facility (ECF). The team, led by Hans Weisfeld, will remain in the country until October 10. $403 Million Support Program Approved in March 2024, the 42-month ECF arrangement provides SDR 293.6 million (about $403.4 million) in concessional financing. Its objectives include stabilizing Togo’s economy, strengthening debt sustainability, and accelerating structural reforms to support inclusive growth. So far, the IMF has disbursed about $129 million to Togo under the program. Key Issues Under Review Discussions between IMF experts and Togolese authorities will cover: Macroeconomic indicators: growth, inflation, and national accounts. Social performance: poverty reduction and support for vulnerable households. Fiscal reforms: implementation of the government’s energy subsidy adjustment plan. Possible New Disbursement A successful […]