Is Togo in Africa very poor?

Togo in Africa is one of the least developed countries in the world announced by the United Nations. Agriculture, phosphate and entrepot trade are three pillar industries. Implement a liberalized economic policy, give priority to the development of agriculture, and actively support small and medium-sized enterprises. The economic restructuring plan was implemented from 65438 to 0983. Lome Free Trade Zone was established in 1989 to attract foreign investment.

In the early 1990s, due to the political turmoil, the multi-economy once fell into the most serious crisis since independence. After 1994, with the political stability, the economy stepped out of the trough and entered the stage of recovery and development.

Starting from 1998, western countries stopped aid again, which led to the shortage of development funds and tight national finance. Many governments have accelerated the privatization process, revitalized port transportation, increased agricultural investment, and the economic situation has improved slightly.

20 10 Many governments have increased their investment in agriculture and infrastructure, and increased the development of mining industry, and achieved certain results. However, the severe floods in September and June of 65438+ 10 damaged most infrastructure and had a great impact on people's lives.

Industry:

Togo's industrial base is weak, and the main industrial categories are mining, agricultural products processing, textiles, leather, chemicals and building materials. Tabuli Bo Cement Plant is a joint venture with Ghana and C? te d 'Ivoire, with an annual output of 200,000 tons of cement. The designed maximum annual output can reach 2.4 million tons. 77% of industrial enterprises are small and medium-sized enterprises. Grain crops are mainly corn, sorghum, cassava and rice, accounting for 67% of agricultural output value.

Refer to the above? Baidu Encyclopedia-Togo