Project ID: 2186

China provides interest free loan of 10 Million CNY to Togo

Commitment amount

$ 2052840.822

Constant 2017 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Togo

Sector

Unallocated/unspecified (Code: 998)

Flow type

Loan

Concessional

Yes

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 year

2007

Description

China and Togo inked two accords on December 20, 2007 to strengthen cooperation in economic expertise. Chinese Ambassador Yang Min and Togolese Cooperation Minister Gilbert Bawara a 10-million-yuan interest-free loan provided by the Chinese government. 17 million yuan in grant was also signed (see project ID# 2185). Relevant departments of the two countries will negotiate a joint agreement on some projects funded by the money

Number of official sources

0

Number of unofficial sources

1

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Details

Cofinanced

No

Receiving agencies [Type]

Government of Togo [Government Agency]

Loan type

Interest-Free

Interest rate

0.0%

Gurarantee provided

No

Insurance provided

No