Project ID: 2147

Chinese Government cancels $66.4 million of the Government of Sudan’s outstanding repayment obligations

Commitment amount

$ 166965307.7562437

Adjusted commitment amount

$ 166965307.76

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Sudan

Sector

Action relating to debt (Code: 600)

Flow type

Debt forgiveness

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2001-08-15

Actual start

2001-08-15

Actual complete

2001-08-15

Description

On August 15, 2001, the Chinese Government and the Government of Sudan’s Ministry of International Cooperation signed a debt exemption protocol. This agreement reportedly cancelled the equivalent of $66.4 million of the Government of Sudan’s outstanding debt obligations to China.

Additional details

1. The debts that were written off through this agreement were almost certainly contracted before 2000, so AidData has not coded this project as an “umbrella project” (as there is little risk of double-counting loans that were contracted from 2000 onward).

Number of official sources

1

Number of total sources

6

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Sudan [Government Agency]