Author
International Monetary Fund. African Dept.
Publication Date
2020
Publication Place
Washington, D.C. -
International Monetary Fund
Subject
Poverty -- Prevention -- Chad, Arrears, Credit, Debt Management, Debt, Debts, External, Debts, Public, Energy: Demand and Supply, Exports and Imports, External debt, Finance, Finance: General, Financial Institutions and Services: Government Policy and Regulation, Financial risk management, International economics, International Lending and Debt Problems, Macroeconomics, Monetary economics, Monetary Policy, Central Banking, and the Supply of Money and Credit: General, Money and Monetary Policy, Oil prices, Prices, Public debt, Public finance & taxation, Public Finance, Sovereign Debt, Stress testing, Chad
Type
Book
Language
Arabic
Digital
Yes
Manuscript
No
Pages Count
49
Library
Wesleyan University Library
Library Asset ID
ISBN : 9781513548111, ISBN : 1513548115
Record ID
alma9932831496303768
Library Location
See online access
Date
2020
Notes
This paper presents Chad’s Requests for Disbursement Under the Rapid Credit Facility, Extension of the Extended Credit Facility Arrangement, and Rephasing of Access. In response to the coronavirus disease 2019 outbreak, the authorities have taken strong measures to halt the community spread of the virus. They are also scaling up health-related spending and are considering a set of economic measures to support households and businesses. Given the sudden nature of the shocks and their widespread impact, the authorities will be temporarily relaxing the fiscal deficit to allow for the scaling up of health care spending and to accommodate the impact of the sharp drop in oil prices. In order to safeguard debt sustainability, they remain committed to the medium-term fiscal path and will implement the needed adjustment measures as soon as the current crisis abates.
Seri
IMF Staff Country Reports, IMF Staff Country Reports; Country Report ; No. 2020/134
