World Bank says to ask donors to clear Togo debt

13/12/2007
World Bank says to ask donors to clear Togo debt

The World Bank will ask donors to clear debts of some $135 million owed to it by Togo after the West African state held multiparty polls in October, the Bank's representative in the former French colony said on Wednesday.

"We're quickly going to normalise relations between the World Bank and Togo. That means clearing the debts Togo owes to the Bank," James Bond, the Bank's director of operations in Togo, told reporters."Together with our partners in Washington we're going to find a solution, we're going to plead for Togo not to have to pay," he said.

He estimated that Togo's debts to the bank stood at $135 million and were increasing by $2 million each month.

The announcement comes weeks after the European Union restored full economic cooperation with Togo after a 14-year hiatus, citing the successful holding of parliamentary elections on October 14.

The EU, Togo's biggest donor, froze most aid in 1993 because of what it considered a poor democratic record in the country, which had suffered decades of authoritarian rule and periods of bloody unrest since independence in 1960.

 

Commentaires

Loading comments ...

Loading comments ...

IL NE FALLAIT PAS MANQUER

Engagement renouvelé

Coopération

Le Fonds des Nations Unies pour la population (UNFPA) a annoncé le renouvellement de ses programmes quinquennaux de coopération avec le Togo.

Médecine chinoise pour combattre le paludisme

Santé

Près de 200.000 injections d’artéméther ont été offertes vendredi au ministère de la Santé par les autorités chinoises.

Avant-première au 2 février

Culture

L’acteur américain d’origine béninoise, Djimon Hounsou, présentera son nouveau documentaire consacré au vaudou le 10 décembre à Lomé.

La Chambre consulaire régionale va déménager

Uemoa

La Chambre consulaire régionale de l’UEMOA aura dans 30 mois un nouveau siège à Lomé.