Chad Resident Representative Site
Resident Representative Office in Chad
This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Chad and the IMF. Additional information can be found on Chad and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Chad.
News and Highlights
The International Monetary Fund (IMF) today released the May 2011 Regional Economic Outlook: Sub-Saharan Africa. Ms. Antoinette Monsio Sayeh, Director of the IMF's African Department commented on the report's main findings:
With world recovery under way, Africa faces the twin challenges of reviving strong growth and reinforcing resilience to the economic shocks that regularly batter the continent, IMF officials say as Managing Director Dominique Strauss-Kahn embarks on a three-country visit to the region.
The World Must Not Forget Africa During This Crisis; A Commentary by Dominique Strauss-Kahn, Managing Director, International Monetary Fund
Chad and The IMF
Chad: Poverty Reduction Strategy Paper-Joint Staff Advisory Note on the 2013 Monitoring Report of the National Development Plan 2013-15
May 14, 2015
Series: Country Report No. 15/125
Chad: First Review Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Request for Modification of Performance Criteria, and Augmentation of Access-Staff Report; Press Release; and Statement by the Executive Director for Chad
May 13, 2015
Series: Country Report No. 15/123
Chad: Enhanced Heavily Indebted Poor Countries Initiative - Completion Point Document And Multilateral Debt Relief Initiative
May 13, 2015
Series: Country Report No. 15/124
May 12, 2015
Mauricio Villafuerte , Chef de mission pour le Tchad dit que le pays a mené à bien de remarquables réformes économiques, ce qui lui a permis d’avoir accès à un allègement de la dette dans le cadre de l’initiative en faveur des pays pauvres très endettés (PPTE).
May 8, 2015
Mauricio Villafuerte, IMF Mission Chief for Chad says the country has made some remarkable economic reforms since 2010, paving the way for US$1.1 billion in debt relief under the Heavily Indebted Poor Countries Initiative.
Regional Economic Outlook for Sub-Saharan Africa
Sub-Saharan Africa's economy is set to register another year of solid growth, although the expansion will be at the lower end of the range registered in recent years, mainly reflecting the severe impact of the sharp decline in oil prices on the region's oil exporters. In a context of tightening global financial conditions, the large fiscal and current account deficits that prevail in some countries could leave them vulnerable to a potential reduction in external financing. An uneven global recovery and domestic security-related challenges are also risks to the outlook. Against this backdrop, and beyond the immediate effects of the current shock, further progress toward diversification and structural transformation remains crucial to sustain high and inclusive growth, generate jobs for the rapidly growing young population, and foster integration into global value chains.
Pan-African Banking : Opportunities and Challenges for Cross-Border Oversight
Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These banking groups are fostering financial development and economic integration, stimulating competition and efficiency, introducing product innovation and modern management and information systems, and bringing higher skills and expertise to host countries. At the same time, the rise of pan-African banks presents new challenges for regulators and supervisors. As networks expand, new channels for transmission of macro-financial risks and spillovers across home and host countries may emerge. To ensure that the gains from cross border banking are sustained and avoid raising financial stability risks, enhanced cross-border cooperation on regulatory and supervisory oversight is needed, in particular to support effective supervision on a consolidated basis. This paper takes stock of the development of pan-African banking groups; identifies regulatory, supervisory and resolution gaps; and suggests how the IMF can help the authorities address the related challenges.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.