Daily Archives: April 12, 2017
“The authorities should advance rapidly with critical reforms aimed at translating investment into strong, inclusive, and job-creating growth,” says the IMF’s mission chief for Djibouti Eric Mottu.
The International Organization for Migration (IOM) is sounding the alarm today after its staff in Niger and Libya documented over the past weekend shocking testimonies of trafficking victims from several African nations, including Nigeria, Ghana and the Gambia
- Economic activity continues to be affected by the decline in oil prices and regional security challenges
- IMF staff and the government agreed on the need to move away from the reliance on oil and diversify the economy
- Non-oil output contracted significantly for a second year in a row and inflation was negative in 2016
An International Monetary Fund (IMF) staff team led by Said Bakhache visited N’Djamena during March 22–April 4, 2017 to assess recent economic developments in Chad and performance under the current financial and economic program supported by the IMF’s Extended Credit Facility (ECF) approved in August 2014. Discussions were also held on the government’s interest in a new program.
Why the cloud is not the only answer