National Credit Council held its first 2026 session on March 23 in Lomé to assess the economy and set priorities. Officials forecast economic growth to rise to 6.5% in 2026, up from 6.2% in 2025. Inflation is expected to remain low at 1.8%, compared to 0.4% the previous year. The outlook comes despite global geopolitical tensions that could affect the economy. Finance Minister Essowè Georges Barcola warned of risks such as rising fuel and farm input costs.
He also highlighted possible supply chain disruptions and financial market pressures. Authorities say they will continue reforms to strengthen economic resilience. Priority areas include financing renewable energy and boosting agribusiness to reduce food imports.
About The Author
