Chad [electronic resource] : Staff Monitored Program.
Material type: TextSeries: IMF Staff Country Reports, Country Report ; No. 09/206Publication details: Washington, D.C. : International Monetary Fund, 2009Description: 1 online resource (60 p.)ISBN: 1451836511 :ISSN: 1934-7685Subject(s): Budgetary Policy | Budgets | Commodity Price Fluctuations | Economic Indicators | Fiscal Policy | GovernanceAdditional physical formats: Print Version:: Chad : Staff Monitored ProgramOnline resources: IMF e-Library | IMF Book Store Abstract: The Chadian authorities have requested a staff-monitored program (SMP) during April-October 2009 to demonstrate improvements in fiscal policy and public financial management. The objective is to re-establish their economic management and reform credentials with international development partners, with a view to increasing donor support for their poverty reduction strategy. The cornerstone of this SMP is the implementation of a revised budget for 2009 based on a realistic oil price assumption. The SMP also aims to signal a clear return to an orderly budgetary framework by curtailing the use of exceptional budgetary procedures.The Chadian authorities have requested a staff-monitored program (SMP) during April-October 2009 to demonstrate improvements in fiscal policy and public financial management. The objective is to re-establish their economic management and reform credentials with international development partners, with a view to increasing donor support for their poverty reduction strategy. The cornerstone of this SMP is the implementation of a revised budget for 2009 based on a realistic oil price assumption. The SMP also aims to signal a clear return to an orderly budgetary framework by curtailing the use of exceptional budgetary procedures.
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