Chad's risks of external and overall debt distress are high but have nonetheless declined in the past year. All but one external debt sustainability indicators are below their respective thresholds from 2019 onwards. The debt-to-revenue ratio moderately breaches its threshold under the baseline...

In 2005, Chad became the latest arrival to the booming ranks of African oil producers. Two years later, it had exported crude oil worth nearly $2 billion and its remaining reserves were worth well in excess of $110 billion. These are truly staggering figures for a country that has been mired in...