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Togo

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French Togoland became Togo in 1960. Gen. Gnassingbe EYADEMA, installed as military ruler in 1967, ruled Togo with a heavy hand for almost four decades. Despite the facade of multiparty elections instituted in the early 1990s, the government was largely dominated by President EYADEMA, whose Rally of the Togolese People (RPT) party has maintained power almost continually since 1967 and maintains a majority of seats in today's legislature. Upon EYADEMA's death in February 2005, the military installed the president's son, Faure GNASSINGBE, and then engineered his formal election two months later. Democratic gains since then allowed Togo to hold its first relatively free and fair legislative elections in October 2007. After years of political unrest and condemnation from international organizations for human rights abuses, Togo is finally being re-welcomed into the international community.[1]

Economical characteristics

  • Currency: CFA franc (ISO code: XOF)
  • Central bank discount rate: 4.25% (31 December 2009)[1]
  • Commercial banks lending rate: NA% (31 December 2009 )[1]
  • Stock of money (M1): $712.6 million (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $414.9 million (31 December 2008)[1]


Statistics

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[2] 1 576 1 329 1 328 1 476 1 759 2 061 2 108 2 218 2 499 2 898
Govt. debt (% of GDP)[3]
Govt. revenue (% of GDP)[4] 14.906 14.700 15.803 16.974 16.993
Govt. expenses (% of GDP)[5] 14.384 16.098 17.222 17.497 15.111
Debt to revenue (years)

References

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. ↑ 1.0 1.1 1.2 1.3 1.4 Cite error: Invalid <ref> tag; no text was provided for refs named CIA_TG
  2. ↑ World Bank. "Togo: GDP", from World Bank Data. Referenced 2010-10-05.
  3. ↑ World Bank. "Togo: government debt", from World Bank Data. Referenced 2010-10-05.
  4. ↑ World Bank. "Togo: government revenue", from World Bank Data. Referenced 2010-10-05.
  5. ↑ World Bank. "Togo: government expenses", from World Bank Data. Referenced 2010-10-05.

Links

Retrieved from "https://wiki.freecapitalists.org/index.php?title=Togo&oldid=4838"