Greater Lomé: Money Transfers to Poor Households Starts

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Thursday, 03 August 2023 13:40

Greater Lomé: Money Transfers to Poor Households Starts

(Togo First) - Under the additional phase of the Basic Social Safety Nets program, monetary transfers to disadvantaged households started July 31 in Lomé. The project covers 26,250 vulnerable households from 35 neighborhoods in the munipalities of Agoè-Nyivé 1, 4 and 6, Golfe 1, 4, 6.

The launching ceremony, held on July 31 as well, was attended by representatives of the beneficiaries of the ANADEB (National Agency for Support to Development at the Base) which is the government’s operational arm on the project. Also in attendance was the Minister of Grassroots Development, Myriam Dossou-d'Almeida.

"This new phase places particular emphasis on the socio-economic resilience of the 15,000 poorest households. These households naturally benefit from specific support for the development of AGRs, to permanently escape from poverty beyond the project," the official said.

A 61% completion rate

"Out of 125,000 households targeted nationally by the additional financing of the FSB project, 75,988 have already received their first payment of 15,000 FCFA. We are in the proportion of 61% coverage of the national target," said Katanga Mazalo, head of ANADEB. "As for economic inclusion measures, 8,025 households have benefited from monetary transfers out of a forecast of 15,000, to promote their access to economic inclusion opportunities," he added.

The additional phase of the basic social safety nets project is jointly supported by the State, the World Bank, and the French Development Agency, AFD. The former provided 10 billion CFA and the latter 6.5 billion CFA. Meanwhile, the Togolese State itself disbursed 1.5 billion CFA for the initiative.

Ayi Renaud Dossavi

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