Chinese Government cancels RMB 294 million of the Government of Mozambique’s outstanding debt obligations
Constant 2017 USD
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Action relating to debt (Code: 600)
On February 8, 2007, under the framework of the Forum on China–Africa Cooperation (FOCAC), the Chinese Government agreed to cancel the Government of Mozambique’s outstanding debt obligations by RMB 294 million. These obligations resulted from loans that the Government of Mozambique previously contracted with the Chinese Government. These loans were set to mature on or before December 31, 2005.
This debt forgiveness project is not marked as an umbrella project since AidData captured loans provided from 2000-2005 but the maturity date of these loans are likely after 2005, which are not included in the loans forgiven in 2007.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Mozambique [Government Agency]