Arab Today, arab today chad\s 2014 budgetary deficit reduced to 20bn cfa francs
Last Updated : GMT 06:27:20
Arab Today, arab today
Arab Today, arab today

Chad\'s 2014 budgetary deficit reduced to 20bn CFA Francs

Arab Today, arab today

Arab Today, arab today Chad\'s 2014 budgetary deficit reduced to 20bn CFA Francs

Ndjamena - XINHUA

Chad's 2014 budgetary deficit has now been reviewed downwards to 20 billion CFA Francs (about 40 million U.S. dollars), the amended finance bill adopted in the cabinet on Friday has shown. In the initial bill, adopted in December 2013 by parliamentarians, the budgetary deficit stood at 96 billion CFA Francs (192 million U.S. dollars). Government revenue is estimated to be 1,857 billion CFA Francs, while expenditure will stand at 1,877 billion CFA Francs. The gap will be funded through resources to be raised from the extended credit facility from the International Monetary Fund, the statement from the cabinet added. The government said the amendment to the 2014 state budget was necessitated by the drop in oil production in Doba basin and the reduced earnings from the sector, delayed start of oil drilling in other oil fields and increased spending on preparations for the African Union summit that will be held in N'Djamena in 2015. The amended finance bill will immediately be sent to parliament for debate and approval, the statement concluded.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chad\s 2014 budgetary deficit reduced to 20bn cfa francs Arab Today, arab today chad\s 2014 budgetary deficit reduced to 20bn cfa francs

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chad\s 2014 budgetary deficit reduced to 20bn cfa francs Arab Today, arab today chad\s 2014 budgetary deficit reduced to 20bn cfa francs

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday