World Bank to provide Lomé with new financing in support of the digitalization of administrative procedures

Economic governance
Tuesday, 05 November 2019 17:55
World Bank to provide Lomé with new financing in support of the digitalization of administrative procedures

(Togo First) - In line with its Country Partnership Framework (CPF), the World Bank will soon provide Togo with new financing to support digital competitiveness and governance.

The project will in effect support the State's economic and structural reforms, especially relative to the digitalization of administrative procedures. The news was disclosed by the World Bank's resident representative, Hawa Cissé Wagué.

Through this facility, the Bretton Woods institution "will continue supporting Togo's national reform program," she said at the launching of the first Private Sector Week in the country.

In the same vein, the World Bank Group committed to back Togolese public policies in the management of public finances, the creation of a private-sector market and the promotion of high potential value chains.

Major areas where the institution provides support to Togo, in relation to economic and structural reforms, include business climate improvement and financing infrastructure services. Its private sector arm, the International Finance Corporation (IFC), it should be noted, has even recently opened an office in Lomé, the capital.
Séna Akoda

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