Monday, March 31, 2014

Chad Economy to Grow Over 10 Percent in 2014


The economy in Chad will possibly increase by 10% driven by crude exports and agriculture, its finance minister said. She insisted that a Chinese firm would have to pay up for environmental violations. The landlocked central Africa has been known as one of the poorest countries. However, it has seen strong growth over the decade as it has emerged as an oil producer. Finance minster said that "Chad is creating conditions necessary for becoming an emerging market..... We are getting the economy back on its feet."

Source: http://af.reuters.com/article/investingNews/idAFKBN0CL01V20140330

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