Chad - Economic Governance and Extractive Sector Support Project PASEGE

The proposed operation concerns the award of a grant of UA 7.07 million from the resources of the African Development Fund (ADF) to the Republic of Chad to finance the Economic Governance and Extractive Sector Support Project (PAGESE). PAGESE has been designed in harmony with the Transition Roadmap, whose three strategic axes are: (i) strengthening security and defence; (ii) organizing dialogue, consolidating social peace and national unity; and (iii) strengthening good governance and the rule of law (including the modernization of public finances). The project aims to support the country in gradually reducing several drivers of its fragility, particularly those related to the economic situation, in the context of the end of the Covid-19 crisis and the impact of the war in Ukraine. The main reason for the Bank's intervention is the need to continue to strengthen the resilience of Chad, which remains a fragile state. The project has three (3) components: (i) Strengthen fiscal policy effectiveness; (ii) Strengthen extractive sector governance; and (iii) Project management support. It will be implemented in 48 months on the national territory of Chad. The project primarily contributes to climate adaptation results. As such, 10% of the total approved amount is attributed as climate finance, of which 1 million USD is dedicated to adaptation.