World Bank commits to support Togo’s 2018 budget

Public finance
Wednesday, 30 May 2018 15:09
World Bank commits to support Togo’s 2018 budget

(Togo First) - World Bank could provide a budget support to Togo this year. This was disclosed by President Faure Gnassingbé, after meeting with a World Bank delegation led by the institution’s director Pierre Laporte in Togo.

The commitment -$40 million- was actually announced by Laporte, and according to President Gnassingbé, it aims to sustain a cooperation of quality between the institution and Togo, a cooperation which the leader lauds.

During the meeting, the Bretton Woods institution discussed this cooperation as well as the government’s efforts regarding air transport, referring in this aspect to the recent ministerial meeting for the operationalization of the Single African Air Transport Market (SAATM).

Let it be recalled that so far, the World Bank has invested more than $320 million in Togo, spread across various projects (in the sectors of energy, mining, social, etc.)

Fiacre E. Kakpo

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.