World Bank and EU were Togo’s main donors last year

Economic governance
Tuesday, 13 October 2020 14:58
World Bank and EU were Togo’s main donors last year

(Togo First) - In 2019, the World Bank and the European Union (EU) provided the most donations for the national budget, according to recent statistics. 

Overall, donations for budget-related programs and projects amounted to CFA122 billion last year, up by 15% against the year before. In detail, CFA62 billion (against CFA20 billion expected) was allocated to programs while 60 billion was disbursed for projects (against CFA110 billion expected). 

Out of the amount injected into programs, CFA51 billion came from the Bretton Woods institution and around 10 billion from the EU. 

Ayi Renaud Dossavi

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