Togo reaches provisional deal with IMF for $238 mln programme

Reuters
The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas

ABIDJAN (Reuters) - Togo has reached an agreement with the International Monetary Fund for a three-year programme that could, subject to board approval, be supported by a $238 million loan package, the IMF said in a statement on Wednesday. "The agreed economic program ... aims to improve the living conditions for the population and to maintain a stable macroeconomic environment that is compatible with public debt sustainability," the statement said. (Reporting by Joe Bavier; Editing by Sandra Maler)