economy of chad |
Published in Armenia
- Social interactions and entertainment - 1 - 01 Jun 20 12:21
TheÂ
economy of Chad suffers from the landlocked countrys geographic remoteness, drought, lack of infrastructure, and political turmoil. About 85% of the population depends onÂ
agriculture, including the herding ofÂ
livestock. Of Africas Francophone countries,Â
Chad benefited least from the 50% devaluation of their currencies in January 1994. Financial aid from theÂ
World Bank, theÂ
African Development Bank, and other sources is directed largely at the improvement of agriculture, especially livestock production. Because of lack of financing, the development ofÂ
oil fields nearÂ
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
AntimonA generic Chad is easily defeated by an intense fedora tip. No need to discuss this further.