UNDP invested over $11mln in Togo this year

Economic governance
Wednesday, 16 December 2020 14:43
UNDP invested over $11mln in Togo this year

(Togo First) - In 2020, the United Nations Development Program (PNUD-Togo) spent over $11 million on 30 projects in Togo. 

This was disclosed on December 15, 2020, at the opening of the annual review of projects jointly carried out by the UNDP and Togo. The review, a 3-day meeting, will among others focus on assessing the projects, direct and redirect bi-annual work plans for 2020-2021. 

The meeting was opened by the secretary-general of the ministry of planning and cooperation, Paneto Bèguèdouwe. On the occasion, he lauded the progress made towards the achievement of sustainable development goals and the realization of the national development plan (PND 2018-2022), despite the Covid-19 pandemic. 

Let’s recall that the UNDP, in partnership with the UNCDF, recently launched the pilot phase of the Emergency Fund for Togolese Businesses’ Resilience. This phase will be carried out over six months, for an investment of around $350,000. It aims to curb Covid-19’s negative impacts on micro, small, and medium businesses (MSMEs) that incur major losses. 

Séna Akoda

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