Member countries of the WAMU have accumulated domestic debt of 1450 billion CFA francs. All these unpaid bills undermine the private creditor states. They result in failures, delays in the payment of wages and thus generate lower consumption and reduced growth.
In collaboration with the IMF, vigorous action is under way to unlock this folder. The IMF has allocated 450 billion CFA, states have found either in resources or by borrowing 450 billion. Thus, within the WAMU, 2 / 3 of domestic debt will be repaid. Togo (debt of 320 billion CFA francs) to great effect, following the directives of President Faure Gnassingbé, Minister of Finance Ayassor began repayment of debt. It is an important lifeline for the Togolese economy. We note that such reimbursements are made according to strict criteria and implementation of an audit performed by a large group. Objectivity, neutrality and good president to repay domestic debt.
In collaboration with the IMF, vigorous action is under way to unlock this folder. The IMF has allocated 450 billion CFA, states have found either in resources or by borrowing 450 billion. Thus, within the WAMU, 2 / 3 of domestic debt will be repaid. Togo (debt of 320 billion CFA francs) to great effect, following the directives of President Faure Gnassingbé, Minister of Finance Ayassor began repayment of debt. It is an important lifeline for the Togolese economy. We note that such reimbursements are made according to strict criteria and implementation of an audit performed by a large group. Objectivity, neutrality and good president to repay domestic debt.
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