Chinese Government signs Economic and Technical Cooperation Agreement granting 16 billion ZMK for unspecified projects in December 2012 (Linked to ETCA #33579)
Commitment amount
$ 3216421.477
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
Zambia
Sector
Unallocated/unspecified (Code: 998)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
In December 2012, the Chinese Government and the Government of Zambia signed two Economic and Technical Cooperation Agreements (ETCA). One committed a 65.5 billion ZMK interest-free loan (ETCA #33579) and the other was a 16 billion ZMK grant. The proceeds of these agreements were supposed to be spent on poverty eradication and other unspecified projects. The ETCAs were signed between Chinese Ambassador and Hon. Alexander Bwalya Chikwanda, Minister of Finance of the Republic of Zambia during a ceremony in Lusaka.
Number of official sources
0
Number of unofficial sources
3
Details
Cofinanced
No
Receiving agencies [Type]
Government of Zambia [Government Agency]