Togo Adopts Balanced Finance Law for 2026

On November 14, 2025, the Togolese Council of Ministers approved the draft finance law for the 2026 fiscal year, setting a balanced budget of 2,740.5 billion CFA francs (approximately 4.8 billion USD).

Budget Overview and Growth Projections

That represents a 14.4% increase compared to the 2025 budget of 2,396 billion CFA francs, which had itself marked a 9.9% rise over the previous year. The government emphasized that the 2026 budget follows a cautious approach, with expenditures primarily financed through domestic resources.

Lomé anticipates continued economic growth, projecting a 6.5% increase in 2026, up from the 6.2% forecast for 2025. The government notes that this growth reflects ongoing improvements in the macroeconomic environment and sound management of public finances. Officials also highlighted that the budget aligns with community convergence criteria, reinforcing the country’s commitment to fiscal discipline and sustainable development.

Social Orientation and Key Innovations in Togo

The 2026 finance law introduces three major measures emphasizing social inclusion. First, a tax credit will be granted for hiring compatriots with reduced mobility, supporting employment opportunities for vulnerable populations. Second, measures are planned to ease the payment of market registration fees, specifically targeting young people and women to enhance their participation in economic activities. Third, an export exemption for the animal feed sector is designed to stimulate local meat production and strengthen the agricultural value chain.

Overall, the Togolese government presents the 2026 finance law as a balanced and socially oriented budget that builds on past progress while addressing specific economic and social priorities. With a focus on growth, fiscal prudence, and inclusive measures, the law aims to strengthen Togo’s economic framework and ensure sustainable development for the coming year.

__

(Featured image by Jakub Żerdzicki via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in Financial Afrik. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.