Togo: Government Adopts 2026 Draft Finance Bil

Public finance

Friday, 21 November 2025 15:36

Togo: Government Adopts 2026 Draft Finance Bil

The government sets the 2026 budget at CFA2,740 billion, up 14.4% from 2025.
The draft finance bill expects 1,615 billion in budget revenues, including 1,338 billion in tax revenue.
Treasury resources rise sharply, with CFA473 billion in public securities issuances, compared with 332 billion in 2025.

The Togolese government adopts its draft finance bill for 2026 at the end of last week. The document sets total revenues and expenditures at CFA2,740 billion, representing a 14.4% increase compared with the current year. The government expects fiscal revenue to cover more than half of budget resources.

According to the draft finance bill consulted by Togo First, the State’s 2026 budget resources include CFA1,615 billion in budget revenues, 1,097 billion in treasury resources and 27 billion from special Treasury accounts.

The breakdown shows that budget revenues include CFA1,338 billion in tax revenue, up about 10% from the 1,208 billion projected in 2025. Non-tax revenue reaches CFA109 billion, marking a 32% rise from the 72 billion projected in 2025. Project-related grants amount to CFA166 billion, down 12% from the 190 billion planned in the 2025 budget.

Treasury resources consist of CFA473 billion in public securities issuances, compared with 332 billion in 2025. They also include CFA220 billion in project loans and 403 billion in other loans, against 142 billion and 420 billion respectively in the previous year.

The government will now submit the draft finance bill to the two houses of Parliament, both largely controlled by the Union for the Republic (UNIR).

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)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

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)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.