IDA Grant: US$20 million equivalent
Project Description: The Second Economic Recovery and Governance Grant for Togo aims to support government owned reform to improve public financial management and restore performance of key public enterprises and banks. The grant supports government-owned reforms to improve governance, transparency and efficiency in public financial management as well as advance structural reforms aimed at strengthening governance and transparency in the key sectors of the economy (phosphates, cotton, energy and financial sectors). These reforms would lead over time to strengthened fiscal sustainability, improved economic governance and enhanced transparency of State institutions and processes critical elements for the country's economic and social recovery.
