| Chad |
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About Chad
2003 represents an important shift in the history of Chad as the country became an oil producing nation and oil revenues began accruing. Chad’s growth rates since then have been largely driven by evolutions in the oil sector, and the economy is currently heavily dependent on oil.
The international economic and financial crisis, coupled with a decline in oil production, has, however, triggered a sharp reduction in oil revenues. However, Chad's primarily agricultural economy will continue to be boosted by major foreign direct investment projects in the oil sector.








