China provides 26 billion UGX interest free loan to Uganda
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.
This project is classified as an "umbrella" project, and is connected to related projects.
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Unallocated/unspecified (Code: 998)
In 2012, the Chinese government signed an agreement with Uganda for a 26 billion UGX interest-free loan for implementing unidentified development programs. The loan has a maturity period of 10 years. The loan agreement was signed by the Chinese ambassador to Uganda, Zhao Yali, and the Ugandan Minister of Finance, Planning, and Economic Development, Fred Jachan Omach. A 20 billion UGX grant was signed at the same time (ID#30256). The current status and the specific use(s) of the loan are unknown.
This interest free loan commitment was almost certainly made through an Economic and Technical Cooperation Agreement (ETCA) so we have identified it as an 'umbrella' project.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Uganda Ministry of Finance [Government Agency]
Implementing agencies [Type]
Government of Uganda [Government Agency]