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World Bank Group Statement At Conclusion Of Initial Discussions With Chadian Officials

Available in: Français
News Release No:2006/257/AFR

 

Contacts

Paris: Anne Davis Gillet (33 1) 40 69 31 66 Cell: (33 6) 67 58 98 37

adavis@worldbank.org

Washington:Tim Carrington (1-202) 473 8133

tcarrington@worldbank.org

N’Djaména: Edmond Dingamhoudou (235) 52 34 60

edingamhoudou@worldbank.org

 

PARIS, February 1, 2006 Delegations from the World Bank Group and the Government of the Republic of Chad concluded three days of constructive discussions on poverty reduction programs and accountability in public finance management.   Both delegations agreed to return to brief their authorities on the status of the talks.

 

The World Bank Group seeks to establish a mutual understanding of the facts related to Chad’s critical needs and budget shortfalls while ensuring that funds reach Chad’s poorest citizens and displaced people and refugees caused by the conflict in Darfur.

 

The Bank Group also is determined to safeguard the oil revenues intended for poverty reduction programs included in its original agreement with Chad.  Escrowed funds will be protected while discussions continue.

 

World Bank Group representatives commended the Chadian officials for their constructive approach to the discussions and both parties agreed to continue the consultations.

 

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