Togo formalizes regular consultations with Treasury securities specialists

Finance

Thursday, 07 May 2026 17:56

Togo formalizes regular consultations with Treasury securities specialists

(Togo First) - Togo's Ministry of Finance and Budget is setting up a formal framework for consultations and performance assessments for Treasury Securities Specialists (SVTs), in a move aimed at strengthening governance in the public securities market. The reform was formalized under a decree signed by Minister Essowè Georges Barcola.

The decree provides for regular meetings between the General Directorate of the Treasury and Public Accounting (DGTCP) and SVTs, which are accredited banks and financial institutions authorized by the state to act as preferred partners in issuing and placing public securities. The meetings will be held at least every six months.

They will review developments in the Treasury securities market, analyze primary and secondary market results, discuss SVT performance indicators, and identify financing challenges and opportunities.

The authorities are also introducing an annual performance assessment of SVTs. It will have two components: a qualitative assessment aligned with the regional standards of UMOA-Titres and an additional quantitative assessment at the national level. The DGTCP will define the scoring criteria, weighting system and evaluation methodology.

The results will be shared with the relevant institutions and published each year, by March 31, on the platforms of the Ministry of Finance and the DGTCP. According to the decree, publication of the results is intended to strengthen transparency and credibility in Togo's public securities market.

To oversee implementation, an SVT evaluation committee will be established within the DGTCP. It will be chaired by the director general of the Treasury and Public Accounting and include officials in charge of public debt and Treasury operations, as well as technical representatives. Experts from the central bank and the UMOA-Titres Agency may also participate in an advisory capacity.

The reform aims to improve the efficiency of Togo's domestic debt market and bolster investor confidence in government financing.

Esaïe Edoh

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