MCC: Togo passed 14 out of 20 indicators this year, two more than last year

Economic governance
Thursday, 08 November 2018 17:57
MCC: Togo passed 14 out of 20 indicators this year, two more than last year

(Togo First) - On November 5, 2018, Millennium Challenge Corporation (MCC) produced its yearly assessment of performances of countries rivaling to benefit from its investment programs for developing economies. 

The report looks at three indicators namely good governance, economic freedom and human capital investment. This edition, the sixteenth, analyzed performances of 80 countries, including Togo. The latter, in this year’s report, has met two additional criteria, now totaling 14 out of 20, against 12 last year and 5 only four years ago.  

It therefore now stands on par with Côte d’Ivoire (14/20) and comes ahead of Benin (13/20), Burkina (13/20), Niger (11/20) or Mali (9/20).

Still, Togo needs to improve regarding indicators like land, tax policies, child health and public administration efficiency, if it wants to reach a nation like Senegal, the only WAEMU member that satisfies 16 indicators.

The main thing to retain from the report is that Togo can now apply for MCC’s compact program even if its requirements are more strict than the Threshold program which the country has been eligible to since 2015.  

In effect, Togo, for the third consecutive year, has passed the three eligibility criteria of the Compact, knowingly: control of corruption, democratic rights and passing at least half of the 20 indicators.

These are the indicators passed by Togo under MCC’s 2019 scorebook.

Ruling justly (5 indicators passed out of 6)

Control of corruption

Freedom of information

Political rights

Civil liberties

Rule of law

Investing in people (5 indicators passed out of 6)

Health expenditures

Primary education expenditures

Immunization rates

Girls’ primary education completion rate

Natural resource protection

Economic freedom (4 indicators passed out of 8)

Inflation

Regulatory quality

Trade policy

Gender in the economy

Fiacre E. Kakpo

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