Overview

Chinese Government provides $5 million cash grant for economic stimulus

Commitments (Constant USD, 2023)$6,936,589

Commitment Year•2009Country of Activity•ZimbabweDirect Recipient Country of Incorporation•ZimbabweSector•Government And Civil SocietyFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Apr 27, 2009

Start (planned): Apr 27, 2009

End (actual): Dec 31, 2009

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Zimbabwe

Loan description

Chinese Government provides $5 million cash grant for economic stimulus

Narrative

Full Description

Project narrative

On 27 April, 2009, the Government of China signed an agreement for a US$5 million cash grant to the Government of Zimbabwe for economic stimulus and support. The Chinese Government was represented at the signing event in the capital city of Harare by the Assistant Minister of Foreign Affairs for Africa, Zhai Jun, while the Zimbabwean Government's representative was the Minister of Foreign Affairs, Simbarashe Mumbengegwi. The deal was signed alongside a grant for the construction for an Agricultural and Technological Demonstration Centre in Zimbabwe. This project was completed during the year 2009, but the exact handover date of the grant is unknown.