Chad: Selected Issues and Statistical Appendix

Volume/Issue: Volume 2007 Issue 028
Publication date: January 2007
ISBN: 9781451836462
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Topics covered in this book

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Labor , Economics- Macroeconomics , Public Finance , Taxation - General , ISCR , CR , Chad , wage , Microfinance institution , oil revenue , Chadian authorities , wage bill , microfinance sector , training MFI staff , Oil , gas and mining taxes , Wages , Sub-Saharan Africa , North America

Summary

This Selected Issues paper aims at discussing the impact of the oil windfall on Chad, with a focus on growth, poverty, competitiveness, and fiscal policy challenges posed by the oil revenue outlook. The paper discusses the reforms needed to remove structural factors that constraints the non-oil sector growth, in particular on civil and military services and the microfinance sector. The paper argues that Chad’s current growth potential is seriously limited by low levels of both human and physical capitals and by weak institutions and governance.