Togo Secures AfDB Budget Support

Togo and the African Development bank have signed two grant agreements that will provide the country with USD14.33 million worth of budget support.

The grants will finance a local institutional development initiative, which seeks to improve the government of Togo’s capacity to manage the country’s public finances and mobilize internal resources. The grants will also be used to provide the resources needed to operationalize Togo’s audit court.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.