{"id":483188,"date":"2025-07-28T07:50:29","date_gmt":"2025-07-28T07:50:29","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/07\/28\/imf-grants-625-million-to-chad-under-new-economic-recovery-program\/"},"modified":"2025-07-28T07:50:37","modified_gmt":"2025-07-28T07:50:37","slug":"imf-grants-625-million-to-chad-under-new-economic-recovery-program","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/07\/28\/imf-grants-625-million-to-chad-under-new-economic-recovery-program\/","title":{"rendered":"IMF grants $625 million to Chad under new economic recovery program"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The International Monetary Fund (IMF) Board of Directors approved a new agreement for Chad under the Extended Credit Facility (ECF) on July 25, 2025. This 48-month program provides $625 million in financing to support the Chadian government&#8217;s efforts to implement the National Development Plan 2025-2030.<\/p>\n<p>The agreement aims to strengthen budget sustainability, improve targeted social spending, promote governance, and address pressing balance of payment imbalances exacerbated by oil price volatility and the humanitarian crisis related to the influx of refugees. The IMF notes that this financial support should also contribute to the macroeconomic stability of the CEMAC region and mobilize additional funding from international partners.<\/p>\n<p>This program follows an IMF mission to N&#8217;Djamena from May 5 to 16, 2025, which resulted in a preliminary agreement for a total amount of 365 billion CFA francs, approximately $630 million. The overall financing will span four years and is part of the national strategy &#8220;Chad Connection 2030.&#8221;<\/p>\n<p>In a challenging economic context marked by the decline in oil revenues &#8211; the country&#8217;s main source of foreign exchange &#8211; the reduction in official development assistance, and regional security tensions, this IMF support provides a lifeline. Economic growth remains weak, inflation is high, and public debt is close to concerning levels according to the latest macroeconomic data.<\/p>\n<p>Beyond financial assistance, the agreement includes major structural reforms. Chad has committed to increasing tax revenue mobilization, rationalizing public spending, improving transparency in state resource management, and cleaning up the governance of state-owned enterprises. Special emphasis will be placed on improving the business climate to stimulate private investment.<\/p>\n<p>This IMF program is a strategic lever to put the country back on track towards economic and social stability, while promoting inclusive development in an increasingly uncertain regional environment.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) Board of Directors approved a new agreement for Chad under the Extended Credit Facility (ECF) on July 25, 2025. This 48-month program provides $625 million in financing to support the Chadian government&#8217;s efforts to implement the National Development Plan 2025-2030. The agreement aims to strengthen budget sustainability, improve targeted social<\/p>\n","protected":false},"author":537202,"featured_media":483189,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2025\/07\/28\/le-fmi-accorde-625-millions-de-dollars-au-tchad-dans-le-cadre-dun-nouveau-programme-de-redressement-economique\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12591,12046],"tags":[],"class_list":["post-483188","post","type-post","status-publish","format-standard","has-post-thumbnail","category-feature","category-leaders-en","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IMF grants $625 million to Chad under new economic recovery program - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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