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Togo - Joint World Bank-IMF Debt Sustainability Analysis (anglais)

This Debt Sustainability Analysis (DSA) assesses Togo to be at moderate risk of external debt distress and high overall risk of public debt distress—unchanged from the last DSA.2 Judgement was applied to increase the risk of external debt distress from low to moderate because of Togo’s high exposure to domestic currency debt and limited information about the residency of its holders. Debt is assessed as sustainable because, (i) fiscal consolidation...
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