Author
International Monetary Fund. African Dept.
Publication Date
2022
Publication Place
Washington, D.C. -
International Monetary Fund
Subject
Money and Monetary Policy, International Economics, Exports and Imports, Public Finance, Macroeconomics, Diseases: Contagious, Financial Risk Management, Monetary Policy, International Agreements and Observance, International Organizations, International Lending and Debt Problems, Debt, Debt Management, Sovereign Debt, Taxation, Subsidies, and Revenue: General, Health Behavior, Fiscal Policy, Monetary economics, International institutions, International economics, Public finance & taxation, Infectious & contagious diseases, Finance, Monetary policy, International organization, External debt, Public debt, Revenue administration, International agencies, Debts, External, Debts, Public, Revenue, Debt service, Communicable diseases, Chad
Type
Book
Language
Arabic
Digital
Yes
Manuscript
No
Pages Count
113
Library
Wesleyan University Library
Library Asset ID
ISBN : 9798400201165
Record ID
alma9932831582203768
Library Location
See online access
Date
2022
Notes
The COVID-19 pandemic, the volatility in oil prices, heightened insecurity, and a looming food crisis due to climate change have severely stressed an already vulnerable Chadian economy. The two Rapid Credit Facility (RCF) disbursements in April and July 2020 allowed Chad to meet its immediate financing and urgent balance of payment needs in the early stages of the pandemic. The authorities have requested Fund assistance under the ECF to support their post-COVID recovery and their plan to reduce debt vulnerabilities through a combination of a debt workout and a multi-year fiscal consolidation program. However, due to the death of the president following a resurgence of fighting with rebel groups in April and the delayed delivery of donor support, the treasury situation has become extremely tight, threatening social stability.
Seri
IMF Staff Country Reports, IMF Staff Country Reports; Country Report ; No. 2021/267