Sweden decided to cancel the entire debt of Togo on Tuesday, which is 2.85 billion CFA francs. This decision comes after Togo's achievement of the HIPCcompletion point.
Official documents marking the cancellation were signed by the Minister of Economy and Finance, Adji Otèth Ayassor, and First Secretary of the Swedish Embassy in Togo, Marcus Lundgren.
Mr. Ayassor thanked Sweden who embodies the commitment of member countries of the Paris Club for giving a new life to the Togolese economy through the cancellation and rescheduling of Togo.