Chinese Government provides RMB 30 million interest-free loan — through ETCA — for unspecified purposes
Commitment amount
$ 6896346.61
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
Botswana
Sector
Unallocated/unspecified (Code: 998)
Flow type
Loan
Concessional
Yes
Category
Project lifecycle
Description
On November 20, 2005, the Chinese Government and the Government of Botswana signed an Economic and Technical Cooperation Agreement (ETCA). Under the terms of the agreement, the Chinese Government agreed to provide an RMB 30 million interest-free loan within ten years from January 1, 2006 to December 31, 2015 for a set of projects to be negotiated in the future. It is unknown if any subsidiary projects were funded through this ETCA.
Number of official sources
1
Number of unofficial sources
2
Details
Cofinanced
No
Receiving agencies [Type]
Government of Botswana [Government Agency]
Loan type
Interest-Free
Maturity
10 years
Interest rate
0.0%
Grant element
35.29026927%
Gurarantee provided
No
Insurance provided
No