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The economy of Chad suffers from the landlocked country's geographic remoteness, drought, lack of infrastructure, and political turmoil. About 85% of the population depends on agriculture, including livestock herding. Of Africa's Francophone countries, Chad benefited least
Decades of instability and economic mismanagement have hampered development in the oil-producing central African country, where nearly 40% of its 16 million people depend on humanitarian aid.
Chad is part of the Bank of Central African States, the Customs and Economic Union of Central Africa (UDEAC) and the Organization for the Harmonization of Business Law in Africa . [121] Chad's currency is the CFA franc. In the 1960s, the mining industry of Chad produced sodium carbonate, or natron.
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. [2]
In 2020, approximately 80% of Chad's labor force was employed in the agricultural sector. [1] This sector of the economy accounts for 52.3% of the GDP, as of 2017. [2] With the exception of cotton production, some small-scale sugar cane production, and a portion of the peanut crop, Chad's agriculture consists of subsistence food production.
N'DJAMENA (Reuters) -Chad's state election body said on Thursday interim President Mahamat Idriss Deby had won the May 6 presidential election outright with over 61% of the vote, citing ...
Overcrowded refugee camps in eastern Chad are set to run out of money soon, exacerbating a dire humanitarian crisis caused by the spillover from a deadly conflict in Sudan, the United Nations said.
Minister of the Economy, Development Planning, and International Cooperation: Issa Doubragne [4] 24 December 2017 – 20 April 2021 Minister of Energy: Ramatou Mahamat Houtouin [1] 14 July 2020 – 20 April 2021 Minister of the Environment and Fisheries: Bichara Issa Djadalla: Minister of Finance and Budget: Tahir Hamid Nguilin [5] [6]