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hmscollingwood
PC
hmscollingwood
3 years ago

Here I am again standing in an arid desert for the want of fellow-feeling contributors: My new girlfriend happens to come from Togo, and she told me that the average salary of a teacher was £7-9 a day. I said, “that works out to about £1 an hour! What can you buy with £1. You can’t possibly feed a family”. “Exactly”, she said. “Why is that?” I asked. “Corruption”, she replied, “and a country run by a military dictator and his son for over 50 years, with a blind eye turned by France.”

‘The Togolese economy is rated mostly unfree for the second consecutive year. GDP growth, however, has been healthy for the past five years, driven by large public investments.

The government has an ambitious development plan to attract private investment to establish Togo as a financial and logistics hub and, to advance that goal, has started privatizing key sectors of the economy, including telecommunications and banking. Success, however, will require such economic freedom”“friendly changes as reforms to the judicial system and a commitment to tackling the serious and long-standing problem of corruption.’

https://www.heritage.org/in

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