Togo pays CFA26bn in social benefits in H1 2025, revenues fall behind

Public Management

Wednesday, 03 September 2025 15:34

Togo pays CFA26bn in social benefits in H1 2025, revenues fall behind

(Togo First) - Togo’s Pension Fund (CRT) paid out more than CFA26.2 billion in social benefits by the end of June 2025, against total revenue of CFA24.5 billion. This left a technical deficit of nearly CFA2 billion, according to the fund’s semi-annual statistical and financial report seen by Togo First.

A total of 41,775 people received benefits in the first half of the year. Retirees accounted for the largest group with 27,991 recipients, while 7,287 received widows’ pensions and 6,206 received temporary allowances for orphans. The CRT also disbursed more than CFA1.1 billion in family benefits and CFA22 million in disability pensions.

By quarter, CFA12.9 billion was distributed in the first quarter and CFA13.2 billion in the second. The increase was mainly due to a higher number of beneficiaries, with retirees rising from 27,883 in Q1 to 27,991 in Q2. Widows’ pensions also grew from 7,159 to 7,287 over the same period.

On the revenue side, CRT collected CFA23.9 billion from pension contributions by June, representing more than 97% of total inflows. Investment income brought in CFA450 million, while other sources—such as subsidies, reimbursements, or exceptional items—added CFA220 million.

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)

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.