Togo: the Ministry of financial inclusion warns of illegal collection of money by former DOSI agents

Economic governance

Tuesday, 15 March 2022 16:00

Togo: the Ministry of financial inclusion warns of illegal collection of money by former DOSI agents

(Togo First) - In Togo, some former agents of the DOSI, the Delegation in charge of organizing the informal sector, have been collecting money from its beneficiaries “despite the institution having ended such operations since 2018.” In a statement dated March 11, 2022, the ministry of financial inclusion warned those concerned against these agents.

“It was brought to our attention that some agents of the former Delegation to the organization of the informal sector (DOSI), have been, of their own initiative, unduly collecting funds from people benefiting from support to the informal sector despite the suspension of such activities since 2018, and despite formal instructions against this,” the ministry said.

The supervisory authority said it is “not liable for any of these reprehensible acts,” and added that “relevant departments are taking steps to see clearly into the matter and determine those responsible for the situation.”

In the meantime, the victims of these acts are urged to reach out to the General Secretariat of the Ministry of Financial Inclusion no later than April 1, 2022, with documents proving that they made the payments after the support program was suspended.

Launched 12 years ago, in February 2008, the DOSI aimed to better organize the informal sector in Togo. It ceased operations on March 1, 2022.

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At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

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Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

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