Togo: Government allocates CFA25.5bn for the digital economy under 2021 provisional budget

ITC
Monday, 16 November 2020 17:59
Togo: Government allocates CFA25.5bn for the digital economy under 2021 provisional budget

(Togo First) - In 2021, Togo will invest CFA25.5 billion in the digital economy. This was decided at the Council of Ministers held last week and focused on the draft bill for next year’s budget. The latter should be assessed for adoption by deputies in a few weeks. 

The allocated funds will help the country advance its vision to make digital technology a lever to modernize the economy and society. Emphasis will be put on implementing the biometric ID project which is aimed at getting more Togolese business owners to formalize their activity and boost access to social services. 

By 2025, Togo’s public authorities plan to extend the coverage of landline and mobile internet networks, making the internet accessible to 95% of the population. 

Séna Akoda

 
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