About 91% of monies needed for Covid-19 solidarity and recovery fund already raised

Health
Thursday, 17 June 2021 16:01
About 91% of monies needed for Covid-19 solidarity and recovery fund already raised

(Togo First) - So far, the government of Togo has mobilized CFA363 billion out of the CFA400 billion it set its eyes on for its Covid-19 recovery and solidarity fund. This was recently disclosed by the minister of trade, Kodjo Adédzé.

According to the official, the sum came mostly from goodwill donors, technical and financial partners, but also the private sector. “Part of the money came from technical and financial partners. We appreciate the key role which the private sector played by supporting the government throughout the mobilization process.”  

With the funds raised, the government covered the costs involved in supporting the poorest (Novissi scheme), countering the pandemic, and various measures aimed at ensuring economic resilience. In all, these were estimated, Adedze said, at CFA132 billion. The Novissi alone, a cash transfer scheme, cost more than CFA13 billion.

 

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.