Chad: Staff Monitored Program

International Monetary Fund

No 2009/206, IMF Staff Country Reports from International Monetary Fund

Abstract: The Chadian authorities have requested a staff-monitored program (SMP) during April–October 2009 to demonstrate improvements in fiscal policy and public financial management. The objective is to re-establish their economic management and reform credentials with international development partners, with a view to increasing donor support for their poverty reduction strategy. The cornerstone of this SMP is the implementation of a revised budget for 2009 based on a realistic oil price assumption. The SMP also aims to signal a clear return to an orderly budgetary framework by curtailing the use of exceptional budgetary procedures.

Keywords: ISCR; CR; GDP; oil revenue; Chad; holding; Chadian authorities; oil GDP; financial asset; common currency; BEAC foreign exchange holding; CFA franc banknote; Oil; gas and mining taxes; Oil prices; Budget planning and preparation; Global; Central Africa (search for similar items in EconPapers)
Pages: 60
Date: 2009-07-13
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