Poverty reduction: World Bank to allocate 60 million euros to Togo.
Makhtar Diop, Bank mondiale pour l’Afrique vice president visited Togo to sign an agreement with Lomé authorities for 39 M of CFA francs (60 milions of €). Arrived at Lomé, Makhatar Diop was received by the tongolese Chief of State Faure Gnassingbé. Three differents financing agreements were signed, in the presence of togolese Minister of Economy and Finance. These agreements establish a significant increase of the envelope of the country, the World Bank had announced at the end of September its decision to multiply its financial support in Togo: a team of experts has identified new area of intervention in the country. The financiation agreement are intended for the realization of three projects, 17 billion will be dedicated to social nets and basic services, the second project concerns the employment of young people and the third is within the framework of the strengthening of the regional systems of supervision of the disease.