Publication:
Chad Economic Update - April 2022: Resilience in Uncertain Times - Harnessing Agriculture and Livestock Value Chains

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dc.contributor.authorWorld Bank
dc.date.accessioned2022-06-08T21:45:25Z
dc.date.available2022-06-08T21:45:25Z
dc.date.issued2022-04
dc.description.abstractChad’s gross domestic product (GDP) contracted by 1.2 percent in 2021 - the second consecutive year of recession - driven by a two-month suspension of oil production at its Esso plants, economic disruptions due to sociopolitical insecurity, and liquidity constraints because of delays in debt restructuring. Low oil revenue, coupled with increased spending to deal with shocks, widened the fiscal deficit to 4.3 percent of GDP in 2021. The 2022-24 economic recovery is expected to be fragile and subject to significant downside risks related to recurrent and emerging sources of vulnerability. With a slow and fragile economic recovery, the adverse effects of the pandemic on poor and vulnerable households are expected to last in the short to medium term. Chad can seize emerging opportunities offered by the political transition, increasing oil prices, and debt restructuring to undertake reforms aimed at renewing its social contract and reducing long-term vulnerabilities. Stronger agricultural and livestock value chains are critical to economic diversification, sustainable growth, and food security in the medium to long term. Livestock is the economy’s most important non-oil sector and represents a major income source in the agriculture sector. The government should take bold actions to strengthen or create agricultural and livestock value chains.en
dc.identifierhttp://documents.worldbank.org/curated/en/099445105122222517/P17725406284230130938f02d6a518fd2be
dc.identifier.doi10.1596/37512
dc.identifier.urihttps://hdl.handle.net/10986/37512
dc.languageEnglish
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectRECESSION
dc.subjectSUSPENSION OF OIL PRODUCTION
dc.subjectECONOMIC DISRUPTION
dc.subjectSOCIOPOLITICAL INSECURITY
dc.subjectLIQUIDITY CONSTRAINTS
dc.subjectDEBT RESTRUCTURING
dc.subjectOIL REVENUE
dc.subjectECONOMIC SHOCK
dc.subjectFISCAL DEFICIT
dc.subjectFRAGILE RECOVERY
dc.titleChad Economic Update - April 2022en
dc.title.subtitleResilience in Uncertain Times - Harnessing Agriculture and Livestock Value Chainsen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleChad Economic Update - April 2022
okr.date.disclosure2022-05-30
okr.date.doiregistration2025-05-07T08:38:42.783713Z
okr.date.lastmodified2022-05-12T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099445105122222517/P17725406284230130938f02d6a518fd2be
okr.guid099445105122222517
okr.guid099445005122233504
okr.identifier.externaldocumentum33817258
okr.identifier.internaldocumentum33817258
okr.identifier.report171466
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099445105122222517/pdf/P17725406284230130938f02d6a518fd2be.pdfen
okr.region.administrativeAfrica Western and Central (AFW)
okr.region.administrativeAfrica
okr.region.countryChad
okr.topicAgriculture::Agricultural Sector Economics
okr.topicInternational Economics and Trade::Trade and Agriculture
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicMacroeconomics and Economic Growth::Economic Insecurity
okr.topicPoverty Reduction::Poverty Monitoring & Analysis
okr.unitEFI-AFR2-MTI-MacroFiscal-1 (EAWM1)
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