The National Economic and Financial Committee (CNEF) of Chad convened its second ordinary session of 2026 in N’Djamena under the leadership of Tahir Hamid Nguilin, Minister of State for Finance, Budget, Economy, Planning, and International Cooperation, who also serves as CNEF President.
The high-level meeting brought together key figures including Guibolo Fanga Mathieu, Minister of Trade and Industry, Saleh Bourma Ali, Deputy Minister at the Finance Ministry overseeing Economy, Planning, and International Cooperation, and Yvon Sana Bangui, Governor of the Bank of Central African States (BEAC), alongside other statutory members.
During the session, the CNEF analyzed global, subregional, and national macroeconomic conditions, focusing on 2026 economic forecasts and medium-term projections. Idriss Ahmed Idriss, Secretary-General of the Committee and National Director of BEAC, presented the findings.
Global tensions weigh on economic conditions
Official reports highlighted ongoing geopolitical tensions in the Middle East, the prolonged Russia-Ukraine conflict, and growing protectionist policies worldwide as major challenges to the international economic landscape.
Despite a slight slowdown, Central African Economic and Monetary Community (CEMAC) economies demonstrated resilience. The Committee noted controlled inflation rates, improved fiscal and external balances, and strengthened foreign exchange reserves.
Chad’s GDP growth set to reach 5.3% in 2026
Chad’s real GDP is projected to grow by 5.3% in 2026, up from 5.1% in 2025. This upward trend is largely attributed to robust performance in the non-oil sector, despite an expected decline in petroleum output.
Inflationary pressures are expected to ease further, with the inflation rate projected at 0.5% in 2026 compared to 2.6% in 2025, signaling an improved macroeconomic environment.
Stronger monetary and banking indicators
Committee members observed a significant rise in net foreign assets as of March 2026, alongside increased money supply and a comfortable import coverage ratio. The banking sector, including non-bank financial institutions, showed strong performance, with an aggregate bank balance sheet expanding by 4.9% year-on-year by the end of March 2026.
Budget execution and financial inclusion take center stage
The CNEF reviewed the state budget execution as of June 2026. Discussions also covered the Effective Global Rate report for Q1 2026, findings from banking compliance audits, and updates on the central bank’s branch expansion initiative across Chad’s interior regions.
Following deliberations, the Committee reaffirmed its commitment to closely monitor economic and financial indicators to safeguard macroeconomic stability and promote sustainable growth.