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economy of chad |

Published in Armenia - Social interactions and entertainment - 1 - 01 Jun 20 12:21

The economy of Chad suffers from the landlocked countrys geographic remoteness, drought, lack of infrastructure, and political turmoil. About 85% of the population depends on agriculture, including the herding of livestock. Of Africas Francophone countries, Chad benefited least from the 50% devaluation of their currencies in January 1994. Financial aid from the World Bank, the African Development Bank, and other sources is directed largely at the improvement of agriculture, especially livestock production. Because of lack of financing, the development of oil fields near Doba, originally due to finish in 2000, was delayed until 2003. It was finally developed and is now operated by Exxon Mobil Corporation.

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Comments (1)

02 Jun 20 14:27
Antimon

A generic Chad is easily defeated by an intense fedora tip. No need to discuss this further.