Chad will benefit from $560 million to be provided by the International Monetary Fund to support its economy. In a Jan 27 statement, the Fund announced it has reached a staff-level agreement with the country for this new financing under the extended credit facility (ECF) and extended fund facility (EFF). The disbursement is subject to approval from the IMF executive board.

For more information, please see https://www.ecofinagency.com/public-management/2801-42291-chad-reaches-staff-level-agreement-with-imf-for-a-560mln-disbursement