Togo’s president will prioritise economic recovery
Friday, July 24, 2020
Significance
This latest warrant issued against Kodjo is widely viewed as an attempt to intimidate further a leading opposition figure, as well as to send a strong message to other critics of President Faure Gnassingbe.
Impacts
- Slow reforms in the financial sector, coupled with high non-performing loans, pose an ongoing risk over the short term.
- Faure’s government will likely hasten the much-delayed privatisation of two state-owned banks, a key component of its IMF programme.
- The opposition's failure to unite, coupled with some economic recovery, might all but ensure Faure a fifth term.