On Friday, March 7, 2025, the Togolese National Assembly approved the settlement laws for the budget years 2020 and 2021, a crucial measure aimed at promoting transparency and effective governance of public finances. This approval facilitates a comprehensive evaluation of budget execution for the specified years.
Enhanced revenue generation and managed expenditures
Parliamentary records indicate that in 2020, the Public Treasury collected 1,612.6 billion FCFA, achieving an execution rate of 96.2% against a forecast of 1,676.8 billion FCFA. In contrast, the expenditures totaled 1,509.9 billion FCFA, resulting in a surplus of 102.8 billion FCFA for that budget year, primarily due to actual spending being lower than anticipated.
In 2021, revenue rose to 1,641.2 billion FCFA, with an execution rate of 96.4%. The expenses for that year amounted to 1,613.9 billion FCFA, compared to a forecast of 1,702.9 billion FCFA, yielding a surplus of 27.3 billion FCFA.
Over the two-year period, the total consolidated surplus stands at 129 billion FCFA.
See More: A UN helicopter in South Sudan was Hit.
Pacôme Adjourouvi, the Minister of Human Rights and Citizenship Training, who was present during the parliamentary discussions, stated that these outcomes demonstrate a commitment to prudent public financial management and the government’s intention to enhance budgetary transparency.
It is important to note that these two years coincided with the peak of the Covid-19 pandemic, which led to a decline in economic activities and significant budgetary reallocations to address the economic and social repercussions of the crisis, both domestically and globally.
