China Grants 256 Million Birr for Development Projects to Ethiopia in ETCA (linked to #30239, #60179)
Commitment amount
$ 14657144.29
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
Ethiopia
Sector
Unallocated/unspecified (Code: 998)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
In September of 2012, the Chinese government gave a monetary grant and a 200 million ETB soft loan (ID #30239) totaling 23 million USD to Ethiopia. The first portion is a 256 million ETB grant. The grant money is for the support of development activities within the country, but it is unclear as to which projects will be financed. This financing is part of an Economic and Technical Cooperation Agreement (ETCA) (project #60179). The agreement was officially signed on October 29, 2012, by State Minister of Finance and Economic Affairs, Ahmed Shide, and Charge d'Affairs at the Chinese Embassy, Wei Hontian.
Number of official sources
0
Number of unofficial sources
5
Details
Cofinanced
No
Receiving agencies [Type]
Ethiopia Ministry of Finance and Economic Development [Government Agency]