Orig. Perf. Crit.
Est.
Bench.
Rev. Bench.
Perf. Crit.
Rev. Perf. Crit.
Bench.
Rev. Bench.
Quantitative performance criteria and benchmarks
Ceiling on net banking system claims on the central
government (excluding IMF resources) 2/
6.36
1.79
9.19
5.52
5.91
8.92
-3.43
8.16
Floor on current primary budget balance 3/
-3.58
-1.15
-0.96
-1.87
-0.09
-0.73
7.25
4.39
Floor on net reduction of domestic payment arrears
of the central government 4/
-2.00
0.80
-5.50
-7.41
-5.50
-11.30
-9.00
-14.80
Nonaccumulation of external payment arrears of
the central government (cumulative since Jan. 1, 2000) 5/ 6/
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Ceiling on new nonconcessional foreign borrowing of
more than one year contracted or guaranteed by the central
government (cumulative) 5/ 7/
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Ceiling on net change in short-term external borrowing
with a maturity of less than one year, except normal trade
financing (cumulative) 5/
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Indicative benchmarks and monitors of program 8/
Total revenue (excluding grants) 9/
16.6
17.4
42.8
33.7
64.2
55.9
95.8
88.5
Total current noninterest spending
20.2
18.5
43.8
35.6
71.8
64.2
99.6
95.2
Of which : on education
0.7
0.3
1.8
0.8
2.7
2.4
4.0
4.0
on health
0.8
0.2
2.0
0.8
3.0
2.6
4.4
4.4
Total wage spending by the central government
(including military)
12.3
12.1
25.3
24.3
38.0
37.0
50.6
49.8
Adjustors
Balance of payments assistance
3.1
0.0
5.1
6.7
12.0
8.7
14.0
13.4
Of which : adjustment lending (excl. IMF)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
adjustment grants
3.1
0.0
5.1
6.7
12.0
8.7
14.0
13.4
debt relief
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Sources: Chadian authorities; Bank of Central African States (BEAC); and staff estimates and projections.
1/ The targets for end-september 2000 will constitute performance criteria of the program.
2/ The targets will be adjusted