Chad is facing a severe fiscal and social crisis. On 7-8 September, President Idriss Déby is in Paris for an International Donor Conference to seek much-needed funding for the country’s National Development Program. The government likes to portray the country’s problems as due to external shocks like the drop in oil prices and the cost of military intervention against Boko Haram and other extremists. Donors, under pressure from France, largely accept this narrative and support has recently been forthcoming from the International Monetary Fund (IMF). But a closer look at the country’s recent history tells another story.
According to the Chadian economy minister, the conference aims to mobilise support “for the transformation of Chadian economy”.… Seguir leyendo »