ADB writes off 99% of Togo's debt

16/04/2008
ADB writes off 99% of Togo's debt

The Africa Development Bank (ADB) has written off Togo's debt owed the Bank estimated at more than 10 billion FCFA. A memorandum of Understanding was signed on Monday at the Tunis-based ADB headquarters by the Togolese Minister of Economy and Finance, Adji Otteth Ayassor and the ADB vice-chairman, Joseph Eichemberger.

According to the Togolese minister of Economy and Finance, Togo's debt to the ADB was now estimated at some 105 million FCFA.He said this had paved the way for the re-engagement of the bank to support socio-economic projects in the West African state.

An ADB mission visited Togo last November while at the end of February its chai rman Donald Kaberuka was also in Lomé discuss the re-engagement of the ADB in Togo.

 

Commentaires

Loading comments ...

Loading comments ...

IL NE FALLAIT PAS MANQUER

Si tout va bien

Sport

La saison de football pourrait reprendre début octobre, mais le conditionnel est de mise. 

Gracias de nuevo

Coopération

La ‘brigade médicale ‘ cubaine, dirigée par le Dr Miguel Gomez Cruz, a quitté Lomé mercredi après 4 mois d’une mission anti-covid au Togo.

L'eau potable disponible dans de nombreuses régions

Développement

La seconde phase du projet eau et assainissement au Togo (PEAT 2) débutera au mois de septembre.

PCR : What else ?

Santé

A l’arrivée comme au départ de Lomé, les passagers sont tenus d’effectuer un test PCR.