Introduction To Chad
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Introduction to Chad
Author: Gilad James, PhD
language: en
Publisher: Gilad James Mystery School
Release Date: 2005
Chad is a landlocked country located in Central Africa. It is bordered by Sudan to the east, Libya to the north, Niger, Nigeria, and Cameroon to the west, and the Central African Republic to the south. With an area of 1.28 million square kilometers, Chad is the fifth largest country in Africa. It has a population of approximately 16 million people, who are largely concentrated in the southern region of the country. The capital city of Chad is N'Djamena, which is located in the southwestern part of the country. Chad is a diverse country with more than 200 ethnic groups. The major ethnic groups are the Chadian Arabs, Chadian Sara, Chadian Gorane, and Chadian Mayo-Kebbi. French and Arabic are the official languages of Chad, although over 100 other languages are spoken in the country. Chad is an agricultural country, with cotton, sorghum, and millet being the main crops. The country is also rich in natural resources, including gold, uranium, and petroleum, which are relatively unexplored. Chad has been plagued by political instability, social unrest, and poverty for many years. However, in recent years, it has made progress in economic development and peacebuilding efforts, thanks to international support and political will.
Chad
Author: International Monetary Fund. African Dept.
language: en
Publisher: International Monetary Fund
Release Date: 2019-07-31
This Selected Issues paper explores non-oil growth impediments in Chad to better understand why the Chadian economy has not sufficiently rebounded from the crisis. It discusses how the economy is held back by crisis legacies such as high public debt and a fragile banking sector and how Chad continues to face long standing structural weaknesses which hamper potential growth. Three years of recession in Chad have left important legacies that continue to affect fiscal policy and performance in the non-oil private sector and the banking sector. Public domestic debt more than doubled with the crisis. As the Chadian economy was hit by the oil shock, while dramatically cutting spending, the government had to rely on large domestic financing to cushion the impact of the shock. Although the government started paying arrears, the remaining stock is very large and presents a drag on the non-oil economy. The paper ends with a discussion of how Chad’s economic potential will require reforms to address those weaknesses to foster economic diversification.