Togo jumps six places in the 2021 Corruption Perceptions Index

Economic governance

vendredi, 28 janvier 2022 12:59

Togo jumps six places in the 2021 Corruption Perceptions Index

(Togo First) - Togo jumped six places in the 2021 Corruption Perceptions Index (CPI) released last Tuesday by Transparency International. The West African nation which was 134th out of 180 countries in 2019 and 2020 ranked 128th last year, with a score of 30 over 100 (+1).

Lomé was 29th in Africa and its score was above the average recorded across the sub-Saharan African region - a region which made “no significant improvement” in the 2021 CPI.

Worldwide, the average score stagnated (43/100) for the tenth consecutive year, reflecting "stalled levels of corruption," according to the Berlin-based NGO. The index notes that "two-thirds of countries scored below 50."

As usual, Denmark, Finland, and New Zealand topped the ranking, each with a score of 88.

Meanwhile, in Africa, the top three performers are Seychelles (23rd in the world with a score of 70), Cabo Verde (39th, 58), and Botswana (45th, 55). At the bottom of the index (both in Africa and the world) are South Sudan (180th, 11), Somalia (178th, 13), and Equatorial Guinea (172th, 17). Libya shares Equatorial Guinea’s score and rank.

Nigeria, Africa’s biggest economy, was 154th worldwide with a score of 24 over 100.

Ayi Renaud Dossavi

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

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….

ENFORCING CONTRACTS (more info)

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... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.