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Chad - Economic Recovery Support Programme (PARE)
The overall objective of PARE is to help create the conditions for sustainable economic recovery in Chad by improving public finance management and enhancing the investment climate. This objective is all the more relevant since it provides a strong response aimed at mitigating the impact on the Chadian economy of the significant drop in oil prices observed from 2014 onwards. To support a sustainable resumption of the country's economic growth, PARE focuses on promoting public and private investments, which are essential vectors for economic recovery. The relevance of the programme also lies in its response to implementation of the National Development Programme (NDP 2017-2021), thanks to the strengthening of budget management, and through reforms to increase domestic revenue and enhance expenditure rationalization.

The African Development Bank is a regional multilateral development finance institution, established in 1963, with a mandate to further economic development and social progress of African countries, individually and collectively. 80 member countries including all the 54 African countries and 26 non-African countries in the Americas, Europe and Asia own the Bank.
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.