Togo: Government expects economic growth of 6.6% in 2023

Monday, 23 January 2023 15:51
Togo: Government expects economic growth of 6.6% in 2023

(Togo First) - Togo should record economic growth of 6.6% (real GDP) this year. The forecast was disclosed last Wednesday, by the minister of finance, Sani Yaya, during the council of ministers.

Yaya, on the occasion, presented the country’s economic situation in Q3 2022, but also the region’s and the world’s.

According to the official, the quarter was good for Togo. The national situation in the third quarter of 2022 was mainly characterized by activity growth in several economic sectors, compared to the same period in 2021, he said.  

The performance, Yaya added, “aligns with estimates laid in the macroeconomic framework of October 2022, which predicted real GDP to grow at 5.8% in 2022 and 6.6% in 2022.” 

At the sub-regional level (WAEMU), economic activity "remained dynamic", with a year-on-year growth rate of 5.7%.

Ayi Renaud Dossavi

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.