Togo cuts 2026 budget to 2,744.2 billion CFA francs
By the AFREEQUE newsroom, based on Icilomé
Togo’s Council of Ministers adopted a supplementary finance bill setting the 2026 budget at 2,744.2 billion CFA francs, compared with 2,751.5 billion initially, and forecasting a deficit of 247.6 billion, or 3.4% of GDP. The adjustments are intended in particular to support the fight against terrorism and take account of rising hydrocarbon prices, according to the Council of Ministers’ statement.
Togo’s Council of Ministers adopted a draft supplementary finance bill on 22 October, reducing the state budget for 2026 to 2,744.2 billion CFA francs, from 2,751.5 billion under the initial budget, Icilomé reports. The revision represents a decrease of 0.3%.
The projected deficit is set at 247.6 billion CFA francs, or 3.4% of gross domestic product. The adjustments are intended in particular to mitigate the impact of rising hydrocarbon prices, strengthen resources for the fight against terrorism and mobilise more external financing for development projects and government reforms.
The Council also adopted the draft 2027 budget, set at 2,684.1 billion CFA francs, down 2.5% from the 2026 budget. It gives priority to security, social cohesion, economic transformation, basic social services, employment and support for vulnerable people.
