Chad : First Review Under the Extended Credit Facility Arrangement, and Request for a Waiver of Nonobservance of Performance Criteria - Press Release; Staff Report; and Statement by the Executive Director for Chad

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

April 27, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

On April 13, 2018, the Executive Board of the International Monetary Fund (IMF) completed the first review of Chad’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement. Completion of this review enables the immediate disbursement of SDR 35.05 million (about US$51 million). This brings total disbursements under the arrangement to SDR 70.1 million (about US$ 99.8 million). The Board also approved the authorities’ request to waive the non-observance of the continuous performance criterion on the non-accumulation of new external payments arrears, and to rephase the planned disbursements.

Series:

Country Report No. 18/108

Subject:

English

Publication Date:

April 27, 2018

ISBN/ISSN:

9781484352823/1934-7685

Stock No:

1TCDEA2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

85

Please address any questions about this title to publications@imf.org