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

La filariose lymphatique n'est plus qu'un mauvais souvenir

Santé

La  62e réunion du comité des experts du ‘Programme Mectizan Donation’ s'est achevée mercredi à Lomé.

Les Super Eagles attendent les Eperviers de pied ferme

Sport

Les Eperviers locaux s’envolent jeudi pour Lagos où il affronteront samedi les Super Eagles du Nigeria.

Folly Satchivi rend grâce à Faure Gnassingbé

Justice

L’activiste Folly Satchivi a bénéficié mercredi d’une grâce présidentielle.

L’aide à la culture évolue

Culture

Cette année, le gouvernement a accordé 600 millions de Fcfa pour aider les artistes (musiciens, chanteurs, scupteurs …).