Sandra Johnson recently met with the new World Bank Resident Representative

0

(Togo First) – Sandra Johnson, minister, secretary general of the Togolese presidency and governor of the World Bank in Togo received on July 18, Fily Sissoko, the new resident representative of the World Bank. The meeting also took place in the presence of Coralie Gevers, director of operations of the Bretton Woods institution for Togo.

The audience circled around “the question of a win-win partnership between Togo and the World Bank”. According to Johnson, who has been the linchpin of improving business in Togo since 2019, the World Bank is a strategic partner that “accompanies our country in its various innovative projects.

In recent years, the World Bank‘s portfolio in Togo has amounted to $917.5 million, thanks in particular to the progress the country has made in terms of policies and the management of its institutions (CPIA). From now on, Togo hopes for a significant increase in this portfolio within the framework of the new Country Partnership Framework (CPP) currently being finalized.

The two sides also discussed the allocation of resources for the 20th replenishment of the International Development Association (IDA-20), the World Bank’s fund for least developed countries. Within its framework, the World Bank revealed, at the beginning of the month, in Dakar, that it would provide 65 billion dollars to 39 African countries. The financing will however be approved within a specific framework, and endorsed again in the Senegalese capital.

“IDA donors and borrowing countries have agreed to maintain the four special themes identified for IDA-19: climate change, fragility, conflict and violence, gender equality, and employment and economic transformation. They introduce a special fifth theme, human capital,” the World Bank said in its final statement released after the Dakar meeting.

According to Sandra Johnson, when meeting with World Bank leaders last week, the Bretton Woods institution reiterated its commitment “continue to support the implementation of the government’s roadmap to strengthen economic and social inclusion, and make Togo a logistics and financial hub.

The World Bank, it should be remembered, finances several projects on the Togolese government’s roadmap, including its biometric identification project, the West African Coastal Development Program (WACA ResIP), or the Infrastructure Project and Urban Development (PIDU).

Carriage E. Kakpo

Share.

Comments are closed.