The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
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.