Bloomberg News

Chad Economic Growth to Slow to 3.5% on Lower Agriculture Output

June 28, 2011

June 28 (Bloomberg) -- Chad’s economic growth rate may decline to 3.5 percent this year from 13 percent in 2010 because of lower agriculture production, Economy and Planning Minister Mahamat Hassan said.

The North African country’s economy was helped by “good rains” last year, Hassan said in an interview today in Jeddah, Saudi Arabia. Oil production may start to increase from current levels at the end of this year, he said.

To contact the reporter on this story: Glen Carey in Jeddah at gcarey8@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net


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