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African Economic Outlook 2012

Promoting Youth Employment

image of African Economic Outlook 2012

This 11th edition of the African Economic Outlook reviews recent economic, social and political developments and the short-term likely evolutions of 53 African countries. This year’s edition will for the first time cover Eritrea and South Sudan. The focus of the 2012 AEO is the promotion of youth employment in Africa, presenting a comprehensive review of both challenges and opportunities Africa faces in providing its young population with sufficient and decent jobs.

Full-length country notes are available on www.africaneconomicoutlook.org

 

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Chad

OECD Development Centre

Chad gross domestic product (GDP) growth is projected to reach 7% in 2012, driven by the non-oil sector as new power and cement plants come on stream, but it could slow to 3.2% in 2013 owing to a drop in oil production. Over the 2012-13 period, inflation will be held well below 3%, the convergence criterion of the Economic and Monetary Community of Central Africa (CEMAC). In 2011, Chad’s economic growth slowed sharply to 2.8%, against 14.3% in 2010, chiefly because of a drop-off in primary sector activity.

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