$3.0 billion as of December 31, 2020, including $1.1 billion to an external private creditor (36% of the total external debt), $1.1 billion to multilateral creditors (36%) and $837 million to official bilateral creditors (27%), of which Official Creditor Committee (OCC) members hold $461 million.

Preparatory debt treatment process: OCC members agreed to reconvene to assess and address the need for a debt treatment, on the condition that a financing gap has reappeared during the current ECF programme (2022-2024), and that the government of Chad has fulfilled its commitment under the signed Memorandum of Understanding (MoU).

Up to January 2025, only two reviews were completed under the IMF ECF programme and the programme lapsed on June 22, 2024. The OCC members have collectively determined in January 2025 that the MoU was terminated and the Chad case was closed.

If OCC Members agree to a debt treatment in accordance with the Common Framework, the Republic of Chad will commit to seeking from all its other official bilateral creditors and other private creditors a treatment on terms at least as favorable as those agreed by OCC Members.

The preparatory debt treatment process provided by OCC facilitated Chad’s negotiation and agreement with its largest private creditor.

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