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Friday 24 September 2021
HomeNewsWorld Bank boosts economic recovery, structural reforms in Togo

World Bank boosts economic recovery, structural reforms in Togo

Determined to boost economic recovery and improve good governance in Togo, the World Bank has granted a loan of US$ 14 million (about 7 billion FCFA) to enable the West African nation achieve reforms, a statement issued by the Bank and made available to PANA on Wednesday indicated.

This is Togo’s fifth loan from Bank towards the project.

According to the statement, the loan will enable Togo carry out reforms initiated by the government to improve the management of public finances and restructure the cotton, energy, telecommunications and the banking sectors in the country.

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