On Tuesday, March 25, 2025, the National Assembly of Togo approved a new law aimed at reforming the legal framework governing public enterprises.
This framework encompasses a collection of regulations and guidelines that dictate the establishment, organization, management, and oversight of state-owned or partially state-owned companies. The newly adopted legislation replaces Law No. 90-26, which has been in effect since 1989 and is now considered outdated in light of national, regional (OHADA), and international legal standards.
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The revision draws on best practices from French-speaking African nations, with the goal of equipping Togo with a coherent, modern, and results-driven system, as stated by the Assembly.
Key aspects of the reform include clearer definitions of responsibilities, enhanced governance, performance-focused management, and increased transparency in the use of public resources.
Georges Essowè Barcola, the Minister of Economy and Finance, representing the executive branch during the parliamentary discussions, emphasized that this law serves as a tool for optimizing and enhancing public performance. “By adopting it, you are equipping the government with vital resources to realize its new vision for managing public entities,” he remarked.