Chad : 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Chad

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

August 17, 2016

Electronic Access:

Free Full Text (PDF file size is 2150 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2016 Article IV Consultation highlights that macroeconomic outcomes in Chad continue to underperform, owing to the major impact of two exogenous shocks: lower oil prices and higher regional insecurity. Oil revenues have collapsed to a fraction of their previous level and are expected to recover only partially and gradually. Economic activity slowed sharply in 2015, with GDP growth estimated to have decelerated to 1.8 percent from 6.9 percent in 2014. The short- and medium-term outlooks remain challenging. Including a contraction of 1.1 percent in 2016, GDP growth is projected to average about 2 percent a year during 2016–18, compared with almost 5 percent during 2013–15.

Series:

Country Report No. 16/274

Subject:

Notes:

Also available in French

English

Publication Date:

August 17, 2016

ISBN/ISSN:

9781475526875/1934-7685

Stock No:

1TCDEA2016001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

74

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