| Where do things stand in the World Bank’s relations with the Government of Chad? The World Bank and the Government of Chad signed a memorandum of understanding on July 13, 2006 under which Chad has committed 70 percent of its 2007 budget spending to priority poverty reduction programs. In the course of 2007, the country will develop a new Poverty Reduction Strategy with the participation of all stakeholders which will form the basis for determining future expenditure priorities and be enacted into law. The Government will also enhance transparency and accountability, and work with stakeholders to strengthen Chad's independent oil revenue oversight authority, the College. more |
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