Chad Request for Disbursement under the Rapid Credit Facility and Cancellation of the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Chad

Chad’s economy has been severely impacted by the twin Covid-19 pandemic and terms of trade shocks. A national lockdown to contain the spread of the virus, disruptions in supply chains, and a drop in international oil prices are curtailing economic activity and weakening the outlook. While the author...

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Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:Arabic
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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130 0 |a Chad: Request for Disbursement under the Rapid Credit Facility and Cancellation of the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Chad 
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651 4 |a Chad 
653 |a Depository Institutions 
653 |a Energy: Demand and Supply 
653 |a Credit 
653 |a Public debt 
653 |a Banks 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Monetary economics 
653 |a Debt Management 
653 |a Debts, Public 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Micro Finance Institutions 
653 |a Debt 
653 |a Exports and Imports 
653 |a Arrears 
653 |a Mortgages 
653 |a International economics 
653 |a International Lending and Debt Problems 
653 |a Debts, External 
653 |a Sovereign Debt 
653 |a Banks and Banking 
653 |a Prices 
653 |a Macroeconomics 
653 |a Banking 
653 |a Public Finance 
653 |a Money and Monetary Policy 
653 |a Debt sustainability analysis 
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520 |a Chad’s economy has been severely impacted by the twin Covid-19 pandemic and terms of trade shocks. A national lockdown to contain the spread of the virus, disruptions in supply chains, and a drop in international oil prices are curtailing economic activity and weakening the outlook. While the authorities’ policy response has been timely and proactive, the economic shock and containment policies are triggering a severe recession, resulting in significant social costs and urgent balance of payment and budget financing needs. These are estimated at 7.0 percent of non-oil GDP compared to 4.6 percent in IMF Country Report No. 20/134. The pandemic is unfolding in a context of rising regional and domestic insecurity and an already weak health care system, which are exacerbating Chad’s vulnerabilities