Project ID: 2071

Chinese Ministry of Commerce provides a $1.5 million USD grant for balance of payments support to Seychelles

Commitment amount

$ 2698896.5743261497

Adjusted commitment amount

$ 2698896.57

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Seychelles

Sector

General budget support (Code: 510)

Flow type

Grant

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2007-02-10

Description

In February of 2007, government officials of China and Seychelles signed a series of five agreements, one of which included a $1.5 million USD grant for balance of payment support. It is unclear how exactly the funds were used. The accords were signed by Seychelles Minister for Industries, Investment and Technology Jacquelin Dugasse and China's Minister for Commerce Bo Xilai.

Number of official sources

0

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Seychelles Ministry for Investment, Entrepreneurship and Industry [Government Agency]