Project ID: 2461

Chinese Government cancels RMB 40 million of the Government of Sudan’s outstanding obligations

Commitment amount

$ 7142071.243

Constant 2017 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Sudan

Sector

Action relating to debt (Code: 600)

Flow type

Debt forgiveness

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2010

Description

On 15 December 2010, the Chinese Ambassador to Sudan signed an agreement to cancel RMB 40 million of the Government of Sudan’s outstanding debt obligations to the Chinese Government. These obligations reportedly resulted from an interest-free loan that the Sudanese Government contracted in 1995.

Additional details

AidData has not coded this project as an umbrella project because the debt that was forgiven was contracted prior to 2000 (and therefore there is no risk of double-counting).

Number of official sources

4

Number of unofficial sources

3

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Sudan [Government Agency]