Chad’s National Council has approved the 2025 state budget, forecasting revenues of 2,420.8 billion CFA francs and expenditures of 2,320.8 billion CFA francs.
The decision, finalized on Friday, December 6, marks a 20.07% increase in budgetary resources compared to the previous year.
The budget, prepared by the Ministry of Finance, Budget, Economy, and Planning, aims to strengthen public finances and reduce the country’s reliance on oil revenues.
“This budget emphasizes economic resilience and the diversification of income streams, setting the stage for a promising fiscal year,” the Ministry stated in its presentation.
Key Budgetary Highlights
The 2025 financial projections include total budgetary resources, including grants, estimated at 2,420.8 billion CFA francs, up from 2,016.1 billion in 2024.
Tax revenues are expected to contribute 1,310.9 billion CFA francs, while oil revenues are projected at 993.6 billion CFA francs. External grants are anticipated to reach 404.2 billion CFA francs.
Finance Minister Tahir Hamid Nguilin highlighted the focus on decentralization in the 2025 budget.
“This law prioritizes the operationalization of the Integrated Public Financial Management System (SIGFIP) nationwide by January 1, 2025,” Nguilin explained.
A Push Towards Decentralization
The implementation of SIGFIP aims to empower provincial administrations, councils, municipalities, and other public institutions in managing their respective budgets.
This shift is designed to enhance fiscal autonomy across Chad’s territories, streamlining budget execution and improving governance at all levels.
In addition, the budget reflects Chad’s broader strategy to diversify its economy and strengthen fiscal resilience.
The government seeks to reduce dependency on fluctuating oil revenues by expanding tax bases and securing international grants.
With these ambitious goals in place, Chad’s 2025 budget lays the groundwork for a more decentralized and diversified economic framework, signaling a commitment to sustainable growth and effective public financial management.
