In Togo, the downward trend in the level of indebtedness, which began a few months ago, seems to have consolidated over the year. Thus, we learn that the country's debt ratio rose to 68% at the end of the third quarter of 2019.

Indeed, “already at the end of September the debt ratio rose to 68%. “, welcomed Sani Yaya, Minister of Economy and Finance, yesterday Wednesday, November 13, 2019, in a speech before parliamentarians, within the framework of the adoption of the amending finance law of Togo, management 2019.

In addition, the head of finance also pointed out that with regard to debt, "efforts are [continuing] to reduce, at the end of December 2019, the debt ratio below the community standard within the WAEMU, set at 70% of GDP. »

As a reminder, Togo's public debt fell below 70% at the end of the first quarter, according to official sources, while it still peaked at more than 80% at the end of 2016.