Togo: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Modification of a Performance Criterion and Request for Extension of the Arrangement

Publisher:
International Monetary Fund
Publication Date:
12 January 2011
Tags:
Togo, International Organizations and Africa, Economy, Business and Finance

Togo’s three-year ECF arrangement was approved in April 2008, in an amount of special drawing rights (SDR) 66.06 million (90 percent of quota). An augmentation of access of SDR 18.35 million (25 percent of quota) was approved in September 2008. An additional augmentation of access of SDR 11 million (15 percent of quota) was approved in June 2010. The HIPC decision point was reached in November 2008. Staff supports the authorities’ request to achieve the HIPC completion point at the same time as conclusion of this review.

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