Chad: Staff Report for the 2013 Article IV Consultation and Assessment of Performance Under the Staff-Monitored Program
IMF Staff Country Reports, April 17, 2014
Source details
- Canonical URL
- Chad: Staff Report for the 2013 Article IV Consultation and Assessment of Performance Under the Staff-Monitored Program
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Bibliographic details
- Published: April 17, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475528237.002
Summary findings
- The staff report for the 2013 Article IV Consultation on Chad focuses on economic background and policy.
- The country continues to enjoy its longest period of domestic political stability since independence.
- Macroeconomic performance continued to be stable in 2013, with some deceleration in economic growth and inflation.
- Recently revised balance-of-payments data show that Chad has been running much larger external current account deficits.
- Chad’s ability to tackle its developmental needs and poverty reduction objectives is seriously hampered by the projected oil revenue trajectory.
Major themes and analysis
- Economic background and stability
- Emphasis on domestic political stability being the longest since independence.
- Macroeconomic stability in 2013, albeit with deceleration in growth and inflation.
- External position
- Revised balance-of-payments data indicate substantially larger external current account deficits.
- Fiscal and development constraints
- Projected oil revenue trajectory poses a serious constraint on addressing developmental needs and poverty reduction objectives.
Subjects and keywords (as listed)
- Subjects: Expenditure, External debt, Oil, gas and mining taxes, Public debt, Public financial management (PFM), Taxes
- Keywords: Chad, Chadian authorities, Chadian authority, CR, deficit, fund, gas and mining taxes, Global, ISCR, Oil, oil GDP, oil GDP growth, oil revenue, Sub-Saharan Africa
Content in this bundle
- _cr14100
- _cr14100f