Project ID: 272

Chinese Government provides $6 million interest-free loan — via ETCA — for unspecified purposes

Commitment amount

$ 13016790.73

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]

China Ministry of Commerce [Government Agency]

Recipient

Algeria

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

2002

Description

On August 26, 2002, during Chinese Prime Minister Zhou Rongji's state visit to Algeria, the Chinese and Algerian governments signed an Economic and Technical Cooperation Agreement (ETCA), which committed a $6 million interest-free loan for unspecified purposes (中华人民共和国政府和阿尔及利亚民主人民共和国政府经济技术合作协定). The loan carried a maturity of 25 years.

Number of official sources

1

Number of unofficial sources

5

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Algeria [Government Agency]

Implementing agencies [Type]

Government of Algeria [Government Agency]

Loan type

Interest-Free

Maturity

25 years

Interest rate

0.0%

Grant element

61.5742747%

Gurarantee provided

No

Insurance provided

No