Chad: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Chad

February 20, 2009

Preview Citation

Format: Chicago

Chad: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Chad, (USA: International Monetary Fund, 2009) accessed September 20, 2024

Also available in: français

Summary

The staff report for Chad’s 2008 Article IV Consultation presents economic developments and policies. The global economic crisis has affected the budget and reserves through lower oil prices. Chad’s limited financial and trade integration has insulated it from the financial crisis and ensuing global recession. Risks include lower demand for exports and weaknesses in the foreign banks that own most of Chad’s banking system. Chad is seriously affected by declining oil prices, which will require substantial fiscal adjustment and will lower reserves, albeit not to critical levels.

Subject: Commodities, External debt, Oil, Oil prices, Oil, gas and mining taxes, Prices, Public debt, Taxes

Keywords: Authority, Central Africa, Chad, Chadian authorities, CR, Gas and mining taxes, Global, ISCR, Oil, Oil GDP, Oil prices, Oil revenue, Oil wealth, Sub-Saharan Africa, X. exchange rate arrangement

Publication Details

Pages:

65
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/068
Stock No:

1TCDEA2009002
ISBN:

9781451836509
ISSN:

1934-7685

Notes

Also available in French

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