IMF Staff Country Reports

Chad: Staff-Monitored Program

September 9, 2013

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International Monetary Fund. African Dept. "Chad: Staff-Monitored Program", IMF Staff Country Reports 2013, 284 (2013), accessed 12/14/2025, https://doi.org/10.5089/9781484324073.002

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Summary

This paper analyzes the effect of an IMF Staff-Monitored Program for Chad to enhance economic development. Weak institutional capacity and governance concerns have limited economic development and donor support in Chad. It is highlighted that the reduction in the nonoil primary deficit envisaged in the 2013 budget appears appropriate, but expenditures linked to the regional security situation and lower than anticipated oil revenues imply large financing needs. There are significant economic and political risks to program implementation,; the regional security situation remains volatile, and the economy is highly dependent on volatile oil revenue.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal stance, Oil, gas and mining taxes, Public debt, Public financial management (PFM), Taxes

Keywords: authorities' effort, Budget planning and preparation, Chad, Chadian authorities, CR, financing, Fiscal stance, gas and mining taxes, government, ISCR, non-oil GDP, Oil, Oil GDP, oil revenue, reform agenda, Sub-Saharan Africa

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