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Chad

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AFTER STAGNATING FOR MOST of 2006, Chad's economy shrank 0.3 per cent in 2007 as activity in the oil sector declined. This was despite relatively good non‐oil sector results, mainly due to a healthy performance by government services and its positive effects on the activities of non‐oil branches.The oil sector contracted because of a fall in output, even though substantial investment was made to deal with premature water flooding in wells and a new oil field (Maikeri) came into production in the second half of 2007.
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Document Type: Review Article

Publication date: May 1, 2008

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