Chad

Economy An agricultural and pastoral country with a backward economy, it is listed by the United Nations as one of the 47 least developed countries in the world. After Deby came to power, he announced the implementation of enterprise privatization and free economy; continued to implement the economic structural adjustment plan, focusing on rectifying state-owned enterprises and public departments such as cotton companies; encouraging private investment and the development of small and medium-sized enterprises; rectifying customs, combating smuggling, and ensuring tax revenue ; Actively seek international assistance and encourage foreign investment. Since 1996, Chad's economic structural adjustment has achieved initial results, and most macroeconomic indicators have improved. The pace of privatization of state-owned enterprises has accelerated. The Chad oil development plan was officially launched in October 2000, and it was officially put into production in 2003, with a daily oil production of 225,000 barrels and an annual export of 11.25 million tons. Suddenly, the economy showed improvement, foreign investment and foreign aid increased, the financial situation improved, and the economy grew rapidly.

Gross National Product (2004): US$15.66 billion

Per capita GDP: US$1,600

Gross National Product Growth Rate: 38

Currency name: Central African Financial Cooperation Franc (FCFA, referred to as the CFA franc)

Exchange rate (2004 average): 1 US dollar = 528.28 CFA francs

Inflation Rate: 8

Sudan

Economy: Sudan is one of the least developed countries in the world declared by the United Nations. The economy is dominated by agriculture and animal husbandry, with a weak foundation and strong dependence on nature and foreign aid. Since the Bashir government came to power, it has adopted a series of economic reform measures, and Sudan's economic situation has improved, but it is still not out of trouble. The International Monetary Fund classified the Soviet Union as a country that was insolvent and unsuitable for lending, and in August 1993 it suspended the voting rights of its member states. In order to speed up the pace of economic recovery, the government issued new economic regulations in 1993 and 1996 respectively. On the one hand, it reduced government intervention in the economy, implemented a market economy, encouraged foreign investment, developed agriculture, and promoted exports. On the other hand, it vigorously promoted the privatization process. . In 1997, the Soviet government implemented a financial austerity policy in accordance with the requirements of the International Monetary Fund, strictly controlled public expenditures, limited the proportion of expenditures relying on bank borrowings, reduced currency issuance, focused on supporting strategic projects with priority development, and used oil exports to drive the economy. After recovery, the inflation rate and deficit have dropped significantly, and the economic situation has improved, making it one of the countries with rapid economic development in black Africa. In 1998 and 1999, the Soviet government repaid the International Monetary Fund loan on schedule and was well received by the organization. In 2000, the Soviet government restored the voting rights of its member states. Sudan is rich in natural resources such as iron, silver, chromium, copper, manganese, gold, aluminum, lead, uranium, zinc, tungsten, asbestos, gypsum, mica, talc, diamonds, oil, natural gas and wood. Main mineral resource reserves: about 300 million tons of iron, 9 million tons of copper, 700,000 tons of chromium, about 9,000 tons of silver, and about 500 million tons of oil. The forest area is more than 58 million hectares, accounting for 23.3% of the country's area; among forestry resources, gum arabic occupies an important position. Rich in water resources. There are 2 million hectares of fresh water.