1.

Record Nr.

UNINA9910463661703321

Titolo

Chad : request for a three-year arrangement under the extended credit facility-staff report; press release; and statement by the executive director for Chad / / International Monetary Fund

Pubbl/distr/stampa

Washington, District of Columbia : , : International Monetary Fund, , 2014

©2014

ISBN

1-4983-6727-5

1-4983-8861-2

1-4983-9202-4

Descrizione fisica

1 online resource (95 p.)

Collana

IMF Country Report ; ; Number 14/282

Disciplina

335.96743

Soggetti

Electronic books.

Chad Economic conditions

Chad Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; Contents; BACKGROUND; RECENT ECONOMIC DEVELOPMENTS; FIGURES; 1. Recent Economic Developments, 2008-2014; PERFORMANCE UNDER THE STAFF-MONITORED PROGRAM; MACROECONOMIC STABILITY AND SUSTAINED NON-OIL GROWTH: POLICIES UNDER A THREE-YEAR ECF ARRANGEMENT; A. Justification and Main Objectives; B. Medium-Term Macroeconomic and Fiscal Frameworks; BOXES; 1. The State's Purchase of Chevron's Shares: Fiscal and Institutional Implications; 2. Oil Sector Prospects and the Impact on Fiscal Revenues; C. Fiscal Reforms in Support of Program Objectives

D. Additional Reforms Aimed at Reinforcing an Inclusive and Sustainable Economic GrowthE. Reaching the HIPC Completion Point; PROGRAM MODALITIES, SAFEGUARDS, AND RISKS; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, 2010-17; 2. Real GDP per sector, 2010-17; 3. Fiscal Operations of the Central Government, 2010-17; 4. Fiscal Operations of the Central Government, 2010-17; 5. Balance of Payments, 2010-17; 6. Monetary Survey, 2009-



17; 7. Financial Soundness Indicators, 2007-12; 8. Key Reforms and Objectives to be Achieved Before the Completion Point

9. SMP Quantitative Indicators, June 1 to December 31, 201310. Structural Conditionality Under the SMP; 11. Proposed Schedule of Disbursements Under the ECF Arrangement, 2014-17; 12. Indicators of Capacity to Repay the Fund, 2014-25; 13. Multi-year Fiscal Structural Reforms; APPENDICE; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding

Sommario/riassunto

KEY ISSUESContext: Chad is a fragile country with weak institutional capacity that needs to manage volatile and exhaustible oil revenues prudently to tackle its large development needs.Chad is enjoying a period of domestic political stability, but major regional security issues are imposing significant fiscal costs in both the short and medium term.Macroeconomic policy over the last few years has achieved a gradual tightening of the underlying fiscal policy stance together with a sizable increase in public investment.Satisfactory performance under an SMP in 2013 demonstrated the authorities''