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S&P gives Togo B/B foreign, local currency ratings
S&P said it assigned its B/B long-and short-term foreign and local currency ratings to Togo.
The outlook is positive.
“We expect resilient economic growth in Togo will continue over the coming years, on the back of investments in key infrastructure and economic reforms. In our view, Togo's membership in the West African Economic and Monetary Union provides a substantial buffer against external pressure, and a sturdy policy anchor,” S&P said in a news release.
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