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

_IMF Staff Country Reports, August 17, 2016_

## Source details

**Canonical URL:** [Chad: 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Chad](https://www.imf.org/en/publications/cr/issues/2016/12/31/chad-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-44190)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/chad-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-44190/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/chad-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-44190/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/chad-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-44190/bundle-manifest.json)

## Bibliographic details
- Published: August 17, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475526875.002

---

### Macroeconomic shocks and overview
- Macroeconomic outcomes in Chad continue to underperform owing to 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.

### Key findings and projections
- GDP growth in 2015 is estimated to have decelerated to 1.8 percent from 6.9 percent in 2014.
- 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.

### The outlook and challenges
- The short- and medium-term outlooks remain challenging due to the combination of collapsed oil revenues and heightened regional insecurity.
- Recovery of oil revenues is expected to be partial and gradual, implying limited near-term fiscal space.

### Subject areas and keywords (as listed)
- External debt
- Oil
- Oil prices
- Oil, gas and mining taxes
- Prices
- Public debt
- Public financial management (PFM)
- Taxes

- Keywords: authorities' effort, Chadian authorities, clearance strategy, CR, debt, gas and mining taxes, GDP, ISCR, Oil, oil price shock, Oil prices, oil revenue, price, Sub-Saharan Africa

---

## Content in this bundle

- **Cr16274**
  - [Cr16274 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16274.pdf.md){rel="alternate" type="text/markdown"}
  - [Cr16274 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16274.pdf){rel="external" type="application/pdf"}
- **tchad: Consultations de 2016 au titre de l’article IV; Rapport du FMI No 16/274; 8 juillet 2016**
  - [tchad: Consultations de 2016 au titre de l’article IV; Rapport du FMI No 16/274; 8 juillet 2016 (Markdown version)](/-/media/websites/imf/imported-publications/external/french/pubs/ft/scr/2016/_cr16274f.pdf.md){rel="alternate" type="text/markdown"}
  - [tchad: Consultations de 2016 au titre de l’article IV; Rapport du FMI No 16/274; 8 juillet 2016 (PDF)](/-/media/websites/imf/imported-publications/external/french/pubs/ft/scr/2016/_cr16274f.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/chad-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-44190_