Chad: Staff Monitored Program
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International Monetary Fund
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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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IMF Staff Country Reports