UN General Assembly
1971

109. From 1966 to 1971, the total budget of Togo rose by almost 70 per cent. Our balance of payments in 1968 showed a surplus of 795 million CFA francs; that of 1969, a surplus of 3,700 million CFA francs. During the same period, the rate of coverage of our imports by our exports rose from 60 per cent in 1965 to 85 per cent in 1970. 110. Tied in with this, Togolese national production, in the course of our first five-year plan, achieved remarkable growth, thanks to State intervention which, by itself and through public organizations, invested close to 10,000 million CFA francs. Agricultural production, the basic strength of our economy since it represents 44.5 per cent of our gross national product, is constantly on the rise. This key sector has an aw rage annual growth rate of 9 per cent.