N’DJAMENA – Chad has reached a deal with its creditors, including Swiss commodities trader Glencore, that paves the way for more International Monetary Fund funding but does not reduce the Central African country’s $3 billion in external debt.
The deal, outlined by Chad’s Finance Minister Tahir Hamid Nguilin on Friday, is the first agreed under the Common Framework – a mechanism created by the Group of 20 major economies in late 2020 to help poor countries to help,…
