In Ndjamena, IMF’s Africa Director Abe Selassie says multiple shocks, including drought, food insecurity, Russia’s war in Ukraine and debt-restructuring delays by some creditors preventing Chad’s from benefiting from higher oil prices

Simon Ateba( Chief White House Correspondent )

Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.

The International Monetary Fund’s Africa Director Abe Selassie asserted on Thursday that multiple shocks, including drought, food insecurity, Russia’s devastating war on Ukraine and debt-restructuring delays by some creditors are some of the factors affecting Chad’s economy and preventing the central African nation from benefiting from higher oil prices.