Togo Sets Draft 2026 Budget at 2.74 Trillion CFA Francs, Up 14% From 2025

Public finance

Saturday, 15 November 2025 17:10

Togo Sets Draft 2026 Budget at 2.74 Trillion CFA Francs, Up 14% From 2025

(Togo First) - Togo has approved a draft 2026 budget of 2,740.5 billion CFA francs. The figure is up 14.4 percent from the previous year’s, which stood at 2,397 billion CFA francs.

The draft finance bill was approved Friday, November 14, 2025, during the first Council of Ministers under the country's Fifth Republic government.

According to the post-meeting communiqué, the projected budget will prioritize social sectors while incorporating an effort to consolidate public finances. Nearly 48% of the budget is earmarked for social sectors, specifically health, education, and social protection. A significant portion will also be allocated to economic transformation and productive sectors such as agriculture, industry, and digital technology, to stimulate private investment and create sustainable jobs for youth and women.

The budget further includes reinforced allocations for security and defense, targeting national protection and guaranteed stability.

Officials stated the 2026 budget was prepared using a prudent approach and relies heavily on the state's own internal resources. Regarding economic forecasts, the government projects a GDP growth rate of 6.5% in 2026, up from the 6.2% expected for the current year.

The draft finance bill will now be transmitted to the National Assembly for review before being submitted to the Senate, in line with the constitutional provisions of the Fifth Republic.

Esaïe Edoh

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

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GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

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