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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.

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