IDA Grant: US$12 million equivalent
Project Description: The grant will help improve financial sector stability by supporting the Government of Togo’s financial sector reform program, which will lead to more efficient resource allocation towards poverty-reducing and growth-inducing sectors. The grant will provide technical assistance to various stakeholders through four components: (a) banking sector restructuring; (b) strengthening of the microfinance sector; (c) pension sector reform; and (d) support for implementation of reforms in the financial and private sectors.
