Tchad economic outlook: 5.3% growth projected for 2026
Economic leaders in Chad convene to assess 2026 growth outlook
The National Economic and Financial Committee (CNEF) of Chad concluded its second ordinary session of 2026 in the capital, N’Djamena, under the leadership of State Minister Tahir Hamid Nguilin, who also serves as the Committee’s chair.
The gathering brought together key financial and economic stakeholders, including the Minister of Trade and Industry, Guibolo Fanga Mathieu, the Minister Delegate for Economy and Planning, Saleh Bourma Ali, and the Governor of the Bank of Central African States (BEAC), Yvon Sana Bangui, alongside other permanent members.
During the session, the CNEF reviewed global, regional, and domestic macroeconomic conditions, along with economic projections for 2026 and medium-term forecasts. The discussions were led by Idriss Ahmed Idriss, Secretary General of the Committee and National Director of the BEAC.
Global uncertainties shape economic discussions
The final report highlighted persistent geopolitical tensions in the Middle East, ongoing conflict between Russia and Ukraine, and rising protectionist measures worldwide as key external challenges affecting economic stability.
Despite these headwinds, Central African Economic and Monetary Community (CEMAC) member states demonstrated resilience. The region maintained controlled inflation, improved fiscal and external balances, and strengthened foreign exchange reserves.
Chad’s economic growth set to accelerate in 2026
The Committee projected a 5.3% real GDP growth for Chad in 2026, up from 5.1% in 2025. This expansion is expected to be driven primarily by the non-oil sector, even as the oil industry faces a projected decline.
Inflationary pressures are also expected to ease further, with the inflation rate projected to drop to 0.5% in 2026 from 2.6% in 2025, signaling a healthier macroeconomic environment.
Monetary and banking indicators show positive trends
Members noted a notable increase in net foreign assets as of March 2026, alongside growth in money supply and a comfortable import coverage ratio for foreign reserves. The banking sector and non-bank financial institutions also reported encouraging performance, with aggregate bank assets rising by 4.9% year-on-year by the end of March 2026.
Budget execution and financial inclusion highlighted in policy review
The CNEF reviewed the state budget execution as of June 2026 and examined several key reports, including the effective interest rate for the first quarter of 2026, findings from banking establishment audits, and updates on the central bank’s branch expansion initiative across the country.
Concluding the session, the Committee reaffirmed its commitment to closely monitor economic and financial indicators to safeguard macroeconomic stability and foster sustainable growth in Chad.
