13/01/2023
As with much of Sub-Saharan Africa, Togo is in tough economic climes due to the covid pandemic, the Russia-Ukraine conflict, rising food and energy prices, and rising levels of public debt. In an effort to mitigate the rising cost of living in Togo, the government spent almost CFA 120 billion (USD 199 million) on fiscal measures in 2022. The measures include, tax exemptions for informal business owners in markets, price caps on local and imported food items, and subsidies for fertiliser, petroleum products and school supplies.
The first minimum wage increase in 10 years – from CFA 35,000 (USD 58) to CFA 52,500 (USD 87) – came into effect on 1 January 2023, and the government plans to take more steps to strengthen social inclusion and improve the country’s business environment through the year.
The measures are, however, minimally improving the everyday lives of Togolese, and the country’s lowest earners continue to struggle to make ends meet.
“I don’t like working as a zemidjan,” says Assigbe Yao, a 36-year-old motorcycle taxi driver in Lomé. “Many passengers are rude, we are not respected, and we work for long hours under the sun.”
“I make about CFA 5,000 (USD 8) daily,” he adds. “It is not enough to support my family. Everything is more expensive. Some prices have doubled. We cannot afford little pleasures. We have just enough for necessities. This is not a life.”
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Read Assigbe’s story on the site - link in bio.
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