Aid decline reported by OECD

The OECD reported a 23% drop in development aid from major donors in 2025, while Africa’s need for financing remains high. This decline comes at a time when many countries are struggling to secure stable funding for growth and development.

Togo's public debt challenge

Togo faces significant public debt and is seeking predictable resources to support its development. The country is currently participating in the annual meetings of the International Monetary Fund (IMF) and the World Bank Group, which are taking place in Bangkok, Thailand, from October 12 to 18, 2026.

Togo's international development goals

For Togo, these meetings are an opportunity to highlight its development priorities amid global budgetary constraints, rising debt costs, and the need for financing productive investments. The theme of this year’s meetings is "Thailand's New Horizons: Empowering People, Building Resilience."

Togolese delegation composition

The Togolese delegation includes high-level officials from various ministries, such as Economy and Strategic Oversight, Finance and Budget, and Planning and Development. The World Bank has a significant presence in Togo, with a portfolio of 1.49 billion dollars allocated to 18 national and regional projects.

World Bank's investment in Togo

The World Bank’s projects in Togo cover areas such as agriculture, energy, transport, health, education, and social protection. In December 2025, the institution approved 150 million dollars to support a three-year reform program aimed at boosting private investment and employment.

IMF's role and recent approval

The IMF continues to support Togo through its Extended Credit Facility (ECF) program. In June 2026, the institution approved the third and fourth reviews of the program, allowing the release of 109.5 million dollars to support Togo’s economic reforms and stability.

Conditions for success

The IMF has emphasized the importance of continuing reforms, improving public enterprise governance, and managing budgetary pressures caused by rising energy prices. The success of Togo’s development goals depends on the effective implementation of these reforms.