Togo faces cautious optimism in 2021 as economists predict a recovery from the recession of 2020, a year marked by political turmoil and the pandemic’s challenges. There is hope for renewed political dialogue as a way to foster stability, while economic growth is anticipated, driven largely by agriculture and new trade initiatives.
In Togo, there is a sense of cautious optimism as economists indicate that the country is gradually recovering from the recession experienced in 2020. The past year proved to be particularly challenging for many, marked by a significant military presence in urban areas and the detrimental effects of the COVID-19 pandemic.
“Starting from the contested elections that saw the confirmation of President Faure Gnassingbé at the helm of the country, to the onset of COVID-19, the people have done all they can to survive the year,” said Father Silvano Galli, a priest of the Society of African Missions.
The political landscape in Togo has been tumultuous, especially following the major protests in 2017 advocating for the return of presidential term limits. Although the two-term limit was reinstated in 2019, it does not retroactively apply, allowing President Gnassingbé the chance to potentially run for a fifth term in 2025. There is hope that political dialogue may resume to avoid further unrest.
Despite these challenges, economists project that Togo’s economy will grow by 5.5% in 2021, primarily driven by a robust agricultural sector. The establishment of a free zone at the Port of Lomé is positioning Togo as a key regional trade hub, contributing to encouraging economic prospects for the nation.
In summary, Togo is cautiously optimistic about 2021, seeking to recover from the hardships of 2020 marked by political turmoil and the pandemic. Efforts toward dialogue and strong economic growth in agriculture and trade remain crucial for stability. The population hopes for an improvement in the political climate to foster a peaceful environment.
Original Source: www.vaticannews.va
