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Togo holidays

Information about Togo

French Togoland became Togo in 1960. Gen. Gnassingbe EYADEMA, installed as military ruler in 1967, ruled Togo with a heavy hand for almost four decades. Despite the facade of multi-party elections instituted in the early 1990s, the government was largely dominated by President EYADEMA, whose Rally of the Togolese People (RPT) party has maintained power almost continually since 1967 and maintains a majority of seats in today's legislature. Upon EYADEMA's death in February 2005, the military installed the president's son, Faure GNASSINGBE, and then engineered his formal election two months later. Democratic gains since then allowed Togo to hold its first relatively free and fair legislative elections in October 2007. After years of political unrest and condemnation from international organizations for human rights abuses, Togo is finally being re-welcomed into the international community.

Togo's economy

This small, sub-Saharan economy depends heavily on both commercial and subsistence agriculture, which provides employment for a significant share of the labor force. Some basic foodstuffs must still be imported. Cocoa, coffee, and cotton generate about 40% of export earnings with cotton being the most important cash crop. Togo is among the world's largest producers of phosphate and Togo seeks to develop its carbonate phosphate reserves. The government's decade-long effort, supported by the World Bank and the IMF, to implement economic reform measures, encourage foreign investment, and bring revenues in line with expenditures has moved slowly. Progress depends on follow through on privatization, increased openness in government financial operations, progress toward legislative elections, and continued support from foreign donors. Foreign direct investment inflows have slowed over recent years. Togo completed its IMF Extended Credit Facility in 2011 and reached a HIPC debt relief completion point in 2010 at which 95% of the country's debt was forgiven. Togo continues to work with the IMF on structural reforms.

Issues in Togo

in 2001, Benin claimed Togo moved boundary monuments - joint commission continues to resurvey the boundary; talks continue between Benin and Togo on funding the Adjrala hydroelectric dam on the Mona River Refugees and internally displaced persons: refugees (country of origin): 17,746 (Ghana) (2013) IDPs: undetermined (2012) Illicit drugs: transit hub for Nigerian heroin and cocaine traffickers; money laundering not a significant problem

Prices in Togo (1 EUR = 1.08 USD)
Milk (1l)1.66 EUR
Fresh bread (500g)0.55 EUR
White Rice (1kg)1.67 EUR
Eggs (12) 1.96 EUR
Local Cheese (1kg) 9.9 EUR
Chicken Breast (1kg) 5.76 EUR
Apples (1kg) 2.21 EUR
Oranges (1kg) 0.56 EUR
Tomato (1kg) 1.11 EUR
Potato (1kg) 1.43 EUR
Lettuce (1 head) 1.11 EUR
Water (1.5l)0.47 EUR
Bottle of Wine (Mid-Range) 5.52 EUR
Domestic Beer (0.5 bottle)0.96 EUR
Foreign beer (0.33 bottle) 3.32 EUR
Cigarettes1.09 EUR
Apartment (3 bedrooms) in City Centre 440.4 EUR

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