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Togo: IMF reaches Agreement Key to $111m Disbursement with Togo

The International Monetary Fund reached a staff-level agreement with Togo on the third and fourth reviews of its Extended Credit Facility program, a step that could unlock a $110.8 million disbursement. The payment, equal to about CFA62.5 billion, would bring total financing mobilized under the program to more than $302 million, or over CFA170 billion. The agreement still requires approval from the IMF Executive Board [...]