Togo First Fiscal Management and Energy Reform DPF

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The development objective of the First Fiscal Management and Energy Reform Development Policy Financing for Togo is structured around two pillars: (i) enhancing fiscal and debt management; and (ii) strengthening energy sector financial viability and use of renewable energy. These two pillars are critical elements of the government’s reform program and are priorities of the most recent systematic country diagnostic (SCD 2016). They also directly address three of the eight core objectives of the country partnership framework (CPF) 2017-2020: strengthening fiscal policy and debt management; strengthening energy, information and communications technology (ICT), and logistics services; and strengthening resilience and adaptation of climate change. The operation also contributes to advancing the government’s reform trajectory to enable private-sector development and creating fiscal space to increase public investment and social spending.