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Chad has announced its accession to the Agreement Establishing the African Export-Import Bank (Afreximbank), becoming the 38th African country to join the continental trade finance institution as a participating state.
The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have decided to support US$1.1 billion in total debt relief for Chad, of which US$1.0 billion is expected to be delivered by multilateral creditors and the remainder by bilateral and commercial creditors.
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