Budgetary support facilities almost doubled between 2018 and 2020 (BCEAO)

Public finance
Tuesday, 15 June 2021 16:01
Budgetary support facilities almost doubled between 2018 and 2020 (BCEAO)

(Togo First) - From CFA105.9 billion in 2018, donations that Togo received from its technical and financial partners soared to CFA189.6 billion in 2020, up by 84%. Adding the amount received in 2019, CFA122.4 billion, the country obtained CFA417.9 billion over the past three years. 

The figures, issued by the BCEAO, French-speaking West Africa’s apex bank, indicate that budgetary support, also called program grants, has almost doubled between 2018 and 2020. These facilities totalled CFA172 billion over the period, breaking down into 33.2 billion, 62.1 billion, and 77.1 billion, in 2018, 2019, and 2020 respectively. 

Donations secured for projects grew from 72.7 billion in 2018 to 112.5 billion last year. In 2019, however, they were down at 60.4 billion. 

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