Chad: 2010 Article IV Consultation: Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Chad
IMF Staff Country Reports, July 8, 2010
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- Chad: 2010 Article IV Consultation: Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Chad
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Bibliographic details
- Published: July 8, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455203321.002
Macroeconomic and developmental context
- Chad remains among the poorest countries in the world and has made little progress toward the Millennium Development Goals.
- Chad’s chronic instability has hindered growth and poverty reduction.
- The global financial crisis affected Chad mainly through the decline in oil prices.
Food security and agriculture
- Prompt reaction to the pressing food shortage needs to be complemented by measures to increase agriculture productivity.
- Policy emphasis: combine immediate food relief with medium-term interventions to raise agricultural productivity.
Fiscal policy and public financial management
- The government should adopt a supplementary budget that reduces the non-oil primary deficit while accommodating priority spending.
- Improving public financial management is identified as the key reform priority to support fiscal consolidation and effective use of resources.
Subjects and keywords (as listed)
- Subjects: Commodities, Expenditure, External debt, Oil, Oil, gas and mining taxes, Public debt, Taxes
- Keywords: Chad, Chadian authorities, consultation, consultation informational annex, CR, cutback in order, food, food relief effort, gas and mining taxes, Global, ISCR, Oil, oil revenue, points to a change, relief effort, staff point
Content in this bundle
- _cr10196
- _cr10196f