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Find all the economic and financial information on our Orishas Direct application to download on Play StoreTogo started a movement of
deleveraging on the regional financial market of the Economic Union and
West African currency (UEMOA). The country stands out in a region where the
most countries continued to borrow more.
UMOA-Securities data shows that the outstanding amount
of Togo's debt to regional investors fell by 5.6% in one
year, to reach 1,810.5 billion CFA francs. Togo is thus one
of the few member countries of UEMOA to show a decrease in their outstanding amount of
market debt. Togo raised 411 billion CFA francs on the market
regional in 2025, down compared to 2024 and well below levels
observed in previous years. This decrease reflects a change in
financing strategy rather than withdrawing from the market.
Togo's approach in contrast to a sharp increase in borrowing across UEMOA in 2025. Governments raised nearly 11.86 trillion CFA francs, or an increase of 45.9% compared to the previous year. The shows of bonds rose by 89.5% as states sought to extend maturities and to manage repayment risks
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