LOME, May 22 (Xinhua) -- The real economic growth rates of Togo decreased from 5.3 percent in 2015 to 5.0 percent in 2016, the government official site said on Monday.
The information is contained in "African economy outlook", a review of the African development bank (AfDB) on development indicators in Africa.
The review contributes the 0.3 percent decrease to the fall in public investment and the switching of port traffic in the country to others ports in the sub-region.
In 2016, thanks a good rainfall, the agricultural sector contributed 1.2 point to the economic growth in Togo against -1.5 point the previous year.
AfDB's report also revealed significant public investments and a sustained growth over the five-year period from 2011 to 2016 in the country.
In the aftermaths, the public debt of the country increased to 76 percent of the Gross Domestic Product (GDP) in 2016 from 48.6 percent in 2011.
According to the review, new budget guideline will enable Togo to reduce the public debt from 76 percent in 2016 to 56.4 percent by 2021.
