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Togo - Decision Point Document HIPC Initiative


On November 25, 2008, Togo became the 28th regional member country (RMC) to reach decision point under the enhanced HIPC Initiative. As a result, the Boards of Directors of the IMF and the World Bank approved a HIPC assistance of US$ 270 million in end-2007 NPV terms for Togo. It is now the Bank Group’s turn to assess the situation and decide on this proposal to approve the Bank Group’s share of debt relief to Togo at Decision Point estimated at US$ 17.3 million in end-2007 NPV terms.

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