Togo

To strengthen debt transparency and investor relations, the Ministry of Economy and Finance has adopted and published in the Official Journal an Arrêté mandating the creation and regular maintenance of a “one-stop” web portal devoted to public debt and launched its first iteration presenting in a user-friendly format existing information on debt statistics, the debt management strategy, and annual borrowing plans, as well as other key legal and market information such as debt management legislation, issuance announcements and results.

To better manage contingent liability risks and improve the supervision of state-owned enterprises (SOEs), the Ministry of Economy and Finance has adopted and published in the Official Journal, an Arrêté mandating the inclusion of an annual report on consolidated financial results of SOEs, including net income, debts and guarantees, in annex to the multiannual budget and economic programming document (DPBEP) and published the 2025-27 DPBEP with the aforementioned annex.

To strengthen domestic revenue mobilization and pursue tax expenditure rationalization efforts, the government submitted to the National Assembly the draft 2025 Finance Law including reduced tax allowances on import duties for new commercial vehicles as well as the elimination of Value Added Tax (VAT) and National Solidarity Levy (NSL) exemptions on the purchase of commercial vehicles of up to five years old.