THE POOR ARE GETTING POORER IN THIS COVID ERA AS CHAD STRUGGLES WITH DEBTS

THE POOR ARE GETTING POORER IN THIS COVID ERA AS CHAD STRUGGLES WITH DEBTS

Chad has requested that a “common framework” be set up between the Paris Club and the G20 for the treatment of debt. These donors will probably extend the moratorium enjoyed by some fifty countries, mostly African, until the end of 2021. This is the first initiative of its kind under the “common framework” set up in 2020 between the G20 – under Saudi chairmanship – and the Paris Club to address the insolvency risks of the…

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ATTACK ON UN CAMP IN MALI LEAVES 10 DEAD AND OTHERS INJURED

ATTACK ON UN CAMP IN MALI LEAVES 10 DEAD AND OTHERS INJURED

Ten UN peacekeepers dies during an attack in Mali A recent attack on UN’s Camp for multidimensional Integrated Stabilization Mission (MINUSMA) in Mali, have lead to the killing of 10 UN peacekeepers from Chad while another 25 were injured. This report is according to the statement from UN secretary-general Antonio Guterres. According to reports; the assailants attacked  the MINUSMA forces at Aguelhok village in the Kidal region close to the Algerian border. The MINUSMA forces…

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CHAD TO RECEIVE US$125m SUPPORT FROM WORLD BANK

CHAD TO RECEIVE US$125m SUPPORT FROM WORLD BANK

Chad to get US$125 million developmental support from World Bank To help support developmental projects in the Chad; World Bank have announced a US$125 million support for the Central African country. Acoording the the Bank, the support will two frameworks. The signatories for the support agreement were Chadian minister of economy, Issa Doubragne on behalf of the government and World Bank resident representative, François Nankobogo. The World Bank support will also provide budget support to…

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