Togo

KEY ISSUESContext. After several postponements, the July legislative elections?which were,peacefully conducted?gave an absolute majority to the incumbent party. The newgovernment has thus a strong mandate to implement growth-promoting policies andmeet the public's expectations of improved living standards. Growth is accelerating,fuelled by private foreign and public infrastructure investments.Article IV discussions. Fiscal deficits have increased in recent years, constraining theroom for fiscal maneuver and raising sustainability concerns. Although growth haspicked up over the past few years

Cover -- Table of Contents -- LIST OF TABLES -- LIST OF FIGURES -- LIST OF MAPS -- LIST OF BOXES -- ACRONYMS AND ABBREVIATIONS -- EXECUTIVE SUMMARY -- INTRODUCTION -- CHAPTER 1: SOCIAL AND ECONOMIC OVERVIEW -- 1.1. ECONOMIC PERFORMANCE 2008-2011 -- 1.1.1. Growth -- 1.1.2. Financial and External Equilibria -- 1.1.3. Competitiveness and Input Costs -- 1.1.4. Structural Reforms and Business Climate -- 1.1.5. Infrastructure and Support to Growth -- 1.2. SOCIAL SITUATION -- 1.2.1. State of the Population -- 1.2.2. Level of Human Resources Development -- 1.2.3. Poverty and Inequality in Togo