Chad: Recent Economic Developments

International Monetary Fund

No 1996/061, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Chad during 1990–95. After a noticeable deterioration during 1991–93, Chad’s economy rebounded in 1994 following the devaluation, and continued to expand in 1995. During 1991–93, economic and financial developments were characterized by persistent domestic and external imbalances, which negatively affected economic growth and increased poverty. Real GDP and import volumes stagnated, export volumes dropped by 12 percent, and the terms of trade declined by 11 percent; investment remained low, barely averaging 10 percent of GDP, and real consumption per capita declined by 15 percent.

Keywords: ISCR; CR; CFA franc; Chadian authorities; private sector; balance of payments; banking system; financial situation; single tax; central bank; vis-à-vis STEE; excess demand; Oil; Imports; Agricultural commodities; Electricity; Exports; Africa; West Africa; Global (search for similar items in EconPapers)
Pages: 110
Date: 1996-07-18
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