Chad’s bilateral creditors – China, France, India and Saudi Arabia – agreed a few weeks ago that the country did not need debt relief at this time amid higher oil prices, which boosted the oil-producing nation’s revenues, but promised reunite and offer help to Chad if needed.
Glencore, a major private creditor, agreed to join the other creditors in late October or early November, the source said. Chad owes a third of its external debt to commercial creditors and nearly…
