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CHAD – Country hopes for more funding to fight poverty

@Page Facebook Mahamat Idriss Deby

General Mahamat Idriss Deby, President of the Transitional Military Council of Chad, requested more funding at the Summit of Heads of State of the Economic and Monetary Community of Central Africa (Cemac), on Wednesday, 18 August 2021. In the presence of the IMF and the World Bank, the Chadian head of state expressed his wish to face underdevelopment as well as impoverishment, insecurity, youth unemployment and their exile.

The Transitional Government of Chad is ready to start the fight against poverty in the country. General Mahamat Idriss Deby, President of the Transitional Military Council, hopes for substantial financial support from the IMF and the World Bank to raise the standard of living of Chadian citizens. One thing he said at the Cemac Heads of State Summit on Wednesday, 18 August. The reason is linked to Chad’s economic difficulties, which have been exacerbated by the health crisis. The economic situation in our sub-region remains fragile. These are due, on the one hand, to the persistence of security challenges and, on the other hand, to the advent of the global health crisis caused by Covid-19 and the decline in oil prices and production.” , said the Chadian President in his speech at the summit.

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The son of the former president, Idiriss Déby, welcomed the support of various partners in particular “Emergency Covid-19 assistance, debt relief and suspension initiatives, the implementation of the G20 Common Framework and the general allocation of Special Drawing Rights. It hopes that this assistance will continue in this period of health crisis. Mahamat Idriss Déby is committed to a high degree of transparency in the management of funds and their use according to the objectives set. Of course, States will also continue to implement, for their part, all measures aimed at improving the quality of spending, the mobilization of domestic resources and the promotion of all compartments of the business climate, both in terms of justice, taxation, the conditions for financing the private sector and the conditions for regulating foreign exchange,’ he added.


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