The 5th ^annual review of reforms, policies, programs and community projects shows an implementation rate of 71% for Togo in 2019. Compared to a year earlier when this rate was 64%, this data devotes a 7% growth margin.

The review follows the technical review which took place last October. It aims to improve the level and quality of implementation of reforms and to promote the integration into the national legislative corpus of directives and community texts. In particular by identifying the difficulties related to the proper execution of community projects.

The flagship reform at the heart of public finance management concerns results-based management, in particular the implementation of the program budget, according to Sani Yaya, Minister of Economy and Finance.

Togo's attachment to the implementation and deepening of community reforms is justified by its desire " to ensure a balanced economic development of the union in general and of Togo in particular ", indicates the treasurer of the government.

Sena Akoda

From November 18 to 19, Abidjan hosted the first edition of the "WACA Marketplace" to increase financing for investments in coastal resilience.
The WACA Marketplace brings together, on the one hand, project initiators and, on the other, financiers ready to invest in relevant projects in the fight against erosion. This market is for investment needs more suited to traditional development finance, including concessional loans, credits and grants.
The platform brought together, at the initiative of the World Bank, Benin, Côte d'Ivoire, Mauritania, São Tomé and Principe, Senegal, Togo, Ghana and Nigeria. These countries met to think about common solutions, pool financial resources and knowledge, and set up the dialogue necessary for the protection of their coasts.
“ These coasts must remain healthy and productive to create economic opportunity, build resilient communities and transform livelihoods. Their degradation weighs on people's property, health and income. In 2017, coastal erosion, flooding and pollution in the coastal areas of Benin, Côte d'Ivoire, Senegal and Togo cost $3.8 billion, or 5.3% of the GDP of the four countries in 2017 ," said Siméon Ehui, Regional Director, Sustainable Development for Africa at the World Bank Group.

Family photo after the opening ceremony of the WACA Marketplace in Abidjan

" The Ivorian Government, despite its strong will, cannot, on its own, cope with the fight against natural phenomena such as erosion, storm surges or even other extreme events such as floods which affect populations, their property and the environment of the coastal zones ", confessed Joseph Séka Séka, Minister of the Environment and Sustainable Development.
The WACA Marketplace is part of the West African Coastal Management Program. A US$220 million program funded by the World Bank to support sustainable economic growth, livelihoods and prosperity in six countries, namely Benin, Côte d'Ivoire, Mauritania, São Tomé and Príncipe, Senegal, Togo.