Project ID: 24

Chinese Government cancels an outstanding debt obligation of Government of Benin

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Benin

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

2007-01-01

Description

In 2006, the Chinese Government pledged that it would cancel some of the Government of Benin’s outstanding debt obligations. The agreement came to fruition in early 2007 during Foreign Minister Li Zhaoxing's seven nation tour through Africa. The amount of debt that was cancelled is unknown.

Additional details

Number of official sources

3

Number of total sources

8

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Benin [Government Agency]