Project ID: 35718

Chinese Government cancels $4.4 million of the Government of Bolivia’s outstanding obligations

Commitment amount

$ 9549026.738302257

Adjusted commitment amount

$ 9549026.74

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Bolivia

Sector

Action relating to debt (Code: 600)

Flow type

Debt forgiveness

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2005-12-31

Actual start

2005-12-31

Description

According to a Government of Bolivia report entitled ‘Status of public external debt as of December 31, 2005’ (Estado de la deuda externa pública al 31 de diciembre de 2005), the Chinese Government cancelled $4.4 million of the Government of Bolivia’s outstanding debt obligations related to one or more previously contracted loans.

Additional details

Even though this was probably cancelling debt for more than one loan, AidData will not mark this as an umbrella project since the risk of duplication is very low.

Number of official sources

1

Number of total sources

2

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Bolivia [Government Agency]