Chad Economic and Poverty Update under COVID-19, Spring 2020
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World Bank, Washington, DC
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Up to February 2020, Chad’s economy
continued its gradual, but mild recovery, supported by a
substantial increase in oil and agriculture production.
Since March 2020, like in the rest of the world, the
Coronavirus (COVID-19) pandemic has dramatically changed
Chad’s macroeconomic outlook. Chad’s economic prospects have
not only been clouded, but they remain subject to
considerable downside risks. To mitigate the negative impact
of Coronavirus (COVID-19) on Chad, the authorities announced
economic and social measures to support households and
private companies in recent months. The authorities are to
continue to strengthen some measures already taken while
introducing new measures to protect lives, livelihoods, and
the future.
Palabras clave
ECONOMIC GROWTH, ECONOMIC OUTLOOK, DEBT RESTRUCTURING, MONETARY POLICY, OIL REVENUE, CURRENT ACCOUNT BALANCE, CORONAVIRUS, COVID-19, OIL PRICES, RISKS, POVERTY, ACCESS TO BASIC SERVICES, PANDEMIC IMPACT, LABOR INCOME, LIVELIHOODS, RECOVERY