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Togo: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Togo - Country Report No. 15/309

Economic growth has remained strong in recent years, averaging 5.4 percent in 2013-14, on the back of productivity gains in the agricultural sector and public investment in infrastructure. The pace of economic growth has contributed to improving human development indicators, though poverty remains high. The fast pace of public investment has laid the basis for higher growth but has also contributed to a pronounced increase in public debt and current account deficit.