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LOANS & CREDITS December 16, 2019

Togo - First Fiscal Management and Energy Reform Development Policy Financing

IDA development policy grant: US$ 87.5million equivalent

IDA development policy credit: US$ 62.5 million equivalent

Maturity: 38 years Grace: 6 years

Project ID: P169867

Project Description: The Program Development Objectives of the series are to: (i) enhance fiscal and debt management; and (ii) strengthen the financial viability of the energy sector and use of renewable energy.