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Country Partnership Framework: the World Bank and Togo sign a partnership

27/05/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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The World Bank has approved four major new loans for Togo totalling more than 613 million dollars, or about 370 billion CFA francs, for the implementation of four projects with a high social and economic impact.

The Country Partnership Framework (CPF) between Togo and the World Bank was sealed last May in Washington. This partnership, signed for a period of 4 years 2025-2029, is the result of Togo's efforts in economic and social governance under the leadership of the Togolese Head of State Faure Gnassingbé. Based on this agreement, the World Bank grants Togo a special exemption for the country's access to the prevention and resilience window.

The Prevention and Resilience Project (PRA), the Project to Improve Digital Access and Electricity in Togo (IDEA), the Program to Strengthen the Public Sector for Service Delivery and the Social Cohesion Project of the northern regions of the Gulf of Guinea (COSO) are the projects financed by the WB through this partnership

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En réalité, le Country Partnership Framework (CPF), est la stratégie qui guidera les actions du World Bank Group in Togo over the next five fiscal years to help address our country's development challenges, reduce poverty, increase shared prosperity, and promote sustainable development for the people

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