PM Sélom Klassou recalls some of the major measures adopted by the Togolese government at the launch of Togo's first Private Sector Week

Economic governance
Tuesday, 05 November 2019 16:45
PM Sélom Klassou recalls some of the major measures adopted by the Togolese government at the launch of Togo's first Private Sector Week

(Togo First) - To boost the private sector and business creation, the Togolese government has initiated many measures, including for example the reservation of 25% of public procurements to youth and women.

At the launch of the first Private sector Week yesterday, the Prime Minister recalled some of these legislative and/or regulatory measures. He thus mentioned the investment and tax codes, the establishment of a concertation framework between the State and the private sector which is aimed at "increasing trust between both parties and fostering a fruitful and sustainable dialogue." Regarding the latter, it is intended to support the growth of economic activities.

Another achievement cited by the official was the creation of a business climate cell which is headed by Sandra Johnson, Minister-advisor to the President.

There is also the creation of an investment promotion agency, the API-ZF free-trade zone, and the establishment of an accreditation committee for the investment code.

Séna Akoda

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