TY - BOOK ID - 139146598 TI - Chad: Request for a Three-Year Arrangement under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Chad. PY - 2021 SN - 1616357231 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Chad KW - Money and Monetary Policy KW - International Economics KW - Exports and Imports KW - Public Finance KW - Macroeconomics KW - Diseases: Contagious KW - Financial Risk Management KW - Monetary Policy KW - International Agreements and Observance KW - International Organizations KW - International Lending and Debt Problems KW - Debt KW - Debt Management KW - Sovereign Debt KW - Taxation, Subsidies, and Revenue: General KW - Health Behavior KW - Fiscal Policy KW - Monetary economics KW - International institutions KW - International economics KW - Public finance & taxation KW - Infectious & contagious diseases KW - Finance KW - Monetary policy KW - International organization KW - External debt KW - Public debt KW - Debt sustainability KW - Revenue administration KW - Debt sustainability analysis KW - International agencies KW - Debts, External KW - Debts, Public KW - Revenue KW - Debt service KW - Communicable diseases UR - https://www.unicat.be/uniCat?func=search&query=sysid:139146598 AB - The COVID-19 pandemic, the volatility in oil prices, heightened insecurity, and a looming food crisis due to climate change have severely stressed an already vulnerable Chadian economy. The two Rapid Credit Facility (RCF) disbursements in April and July 2020 allowed Chad to meet its immediate financing and urgent balance of payment needs in the early stages of the pandemic. The authorities have requested Fund assistance under the ECF to support their post-COVID recovery and their plan to reduce debt vulnerabilities through a combination of a debt workout and a multi-year fiscal consolidation program. However, due to the death of the president following a resurgence of fighting with rebel groups in April and the delayed delivery of donor support, the treasury situation has become extremely tight, threatening social stability. ER -