AGP Executive Report
Last update: 18 minutes agoPublic Finances: Togo’s revised 2026 budget trims spending slightly to CFAF2.744 trillion, but raises investment borrowing by 43.7% to CFAF316.9 billion as grant revenue falls. The projected deficit is CFAF247.6 billion; public debt stood at 60.2% of GDP in midyear. Green Investment: Togo will seek $3.97 billion at COP31 for 43 projects spanning clean energy, agriculture, transport and climate resilience, with private and climate finance needed to close the funding gap. Regional Infrastructure: Togo is pushing to cut the Abidjan-Lagos highway’s estimated cost from $15 billion to as little as $10 billion, while proposing a fairer way to share costs among the five countries. Agriculture: Cotton purchase prices and subsidized input costs will hold steady for the 2026-27 season, including CFAF300 per kilo for first-grade cotton. Insurance: Insurers meeting in Lomé are reviewing rules requiring premiums to be paid before coverage begins, as unpaid bills and payment concessions threaten financial discipline.
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