Chad : 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Chad

1TCDEA2009002 Image
Price:  $18.00

Release Date: © February, 2009
ISBN : 978-1-45183-650-9
Stock #: 1TCDEA2009002
English
Stock Status: On back-order

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Description

The staff report for Chad’s 2008 Article IV Consultation presents economic developments and policies. The global economic crisis has affected the budget and reserves through lower oil prices. Chad’s limited financial and trade integration has insulated it from the financial crisis and ensuing global recession. Risks include lower demand for exports and weaknesses in the foreign banks that own most of Chad’s banking system. Chad is seriously affected by declining oil prices, which will require substantial fiscal adjustment and will lower reserves, albeit not to critical levels.

Taxonomy

Economic policy , Fiscal policy , Political economy




More publications in this series: IMF Staff Country Reports