IMF Staff Country Reports

This paper analyzes economic developments in Chad during 1990–98. Chad resumed its economic adjustment efforts in 1994–95, in the aftermath of the devaluation of the CFA franc of 1994, and embarked, in mid-1995, on a comprehensive structural adjustment program. During the period 1994–98, significant economic progress was made in Chad, with the implementation of economic and financial reforms and enhancement of the policy environment. As a result, macroeconomic performance improved markedly, and the economy’s domestic and external imbalances were reduced.