Chad : third and fourth reviews under the extended credit facility arrangement, and requests for waivers of nonobservance of performance criteria augmentation of access, extension of the current arrangement, and rephasing of disbursement; press Release; staff report; and statement by the Executive Director for Chad.

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Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, [2016] ©2016
Description:	1 online resource ( pages) : color illustrations.
Language:	English
Series:	IMF country report ; no. 16/364 IMF country report ; no. 16/364.
Subject:	International Monetary Fund -- Chad. International Monetary Fund. Fiscal policy -- Chad. Economic development -- Chad. Financial risk management -- Chad. Economic development. Economic policy. Financial risk management. Fiscal policy. Chad -- Economic policy. Chad.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/13511969

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. publisher.
ISBN:	9781475557374 147555737X
Notes:	"November 2016." Includes bibliographical references. Description based on online resource; title from pdf title page (IMF website, viewed January 18, 2017).
Summary:	This paper discusses Chad's Third and Fourth Reviews Under the Extended Credit Facility (ECF) arrangement, and Requests for Waivers of Nonobservance of Performance Criteria (PCs), Augmentation of Access, Extension of the Current Arrangement, and Rephasing of Disbursements. The authorities in Chad have implemented substantial fiscal adjustment to balance the budget and contain the accumulation of arrears. Nonetheless, liquidity conditions remain very tight, and social tensions have risen recently owing to the large cuts in current spending. IMF staff supports the completion of the third and fourth reviews under the ECF arrangement, the waivers of nonobservance of PCs on the nonaccumulation of domestic arrears and nonaccumulation of external arrears.

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