- Words: 1044
- Length: 3 Pages
- Topic: Economics
- Paper #: 99153293
S.$36 million) for immediate expenditures; and redefining "priority sector" expenditures to include spending on security.
For its part, the World Bank responded to Chad's renegging on its ageements in 2006 by suspending disbursement of $124 million in loans to Chad, and froze the country's $125 million in assets in the London-based Citibank escrow account (Zissis, 2006). In effect, the World Bank has ceased its involvement in Chad. However, the Chad oil