On September 5, 2008, Chad fully prepaid both the IBRD and IDA components of the World Bank loan totaling $65.7 million from its "national coffers swollen by more than $1 billion a year in oil revenues". This ended its involvement in the project. The World Bank noted that, "over the years, Chad failed to comply with key requirements of this agreement", including devoting a substantial portion of the oil revenues to poverty reduction programs, and thus it "concluded that it could not continue to support this project under these circumstances".