Chad - Emergency Fiscal Consolidation Support Programme (PUCB)

The Emergency Fiscal Consolidation Support Programme (PUCB) is a Crisis Response Budget Support (CRBS) which is in keeping with the overall framework of concerted, coordinated and complementary interventions of the Technical and Financial Partners (TFP) in order to urgently revive economic growth and safeguard social spending in the countries of the Economic and Monetary Community of Central Africa (CEMAC), including Chad. Indeed, as the case of the majority of CEMAC economies, the Chadian economy has been severely affected by the drop in oil prices, which has caused, since 2014, a significant deterioration of the country's economic and budgetary performance. This situation has a very negative impact on social spending and threatens the implementation of the 2017-2021 National Development Plan (PND) , which is essential for Chad's economic diversification process and its progressive exit from the situation of fragility. The PUCB comprises two complementary components intended to create a fiscal space that will initially contribute to the financing of economic recovery and social spending, and subsequently implementation of the programme to diversify the economy, which is essential to the country’s gradual emergence from its situation of fragility. The PUCB’s two components are: (i) improved domestic resource mobilization ; and (ii) more effective public resource management.