Chad: Second Review Under the Extended Credit Facility Arrangement, and Requests for Waivers of Nonobservance of Performance Criteria and for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Chad

December 21, 2015

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Format: Chicago

Chad: Second Review Under the Extended Credit Facility Arrangement, and Requests for Waivers of Nonobservance of Performance Criteria and for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Chad, (USA: International Monetary Fund, 2015) accessed September 19, 2024

Also available in: français

Summary

This paper discusses Chad’s Second Review Under the Extended Credit Facility (ECF) Arrangement, and Requests for Waivers of Nonobservance of Performance Criteria (PCs) and for Modification of PCs. Despite the weaker economy, performance under the ECF-supported program was broadly satisfactory in the first half of 2015, with four of the six PC met, and progress on the structural reform agenda in line with the program objectives. The IMF staff supports the completion of the second review under the ECF arrangement, the waivers of nonobservance for the PCs on contracting of nonconcessional external debt, and nonaccumulation of domestic payment arrears and the modification of PCs.

Subject: Budget planning and preparation, Commodities, Debt service, Expenditure, External debt, Oil, Oil, gas and mining taxes, Public financial management (PFM), Taxes

Keywords: Authorities' strategy, Budget planning and preparation, Budget support, Chadian authorities, CR, Debt service, ECF arrangement, Financing, Gas and mining taxes, GDP, Government, Government payment, IMF Executive Board, ISCR, Oil

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/351
Stock No:

1TCDEA2015004
ISBN:

9781484318935
ISSN:

1934-7685

Notes

Also Available in French

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