The European Union (EU) has granted Togo 12 million euros, or about 7.9 billion FCFA, to help the West African country face the effects of the global economic downturn.
The financing convention was signed on Monday in Lome by the Togolese minister to the President in charge of Development Planning and Town and Country Planning, Dédé Ahoéfa Ekoué, and the head of the EU delegation in Togo, Patrick Spirlet.
EU says the aid is an extra payment to the present Budget Support Programme for Poverty Alleviation (ABRP) of 15 million euro, or about 10 billion FCFA.
The assistance granted to Togo as part as of the general budget support programm e for 2009-2010 is estimated at 35.1 million euro, or more than 23 billion FCFA, including 27.6 million euro expected to be released within the framework of the 2010 budget.
ARTICLES SUR LE MÊME THÈME
Togo adopts a new constitution
Togolese lawmakers adopted a new constitution on Monday, moving the country from a presidential to a parliamentary system.
Promoting multi-alignment
The African Political Alliance (APA) was launched in May 2023 at the initiative of Togo, aiming to create an informal framework for cooperation among countries sharing the ideals of pan-Africanism and those determined to work towards a politically strong, independent, self-assured, and non-aligned Africa.
China to support Togo in safeguarding its sovereignty, security -Wang Yi
China will continue to firmly support Togo in safeguarding its sovereignty, security and development interests, China's Foreign Minister Wang Yi said.