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Overview

China donates 10 million RMB to finance Peruvian social development and employment program

Commitments (Constant USD, 2023)$2,789,151
Commitment Year•2002Country of Activity•PeruDirect Recipient Country of Incorporation•PeruSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Apr 15, 2002
Start (actual)
Mar 1, 2004
End (actual)
Mar 1, 2004

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Peru

Implementing agencies

Government Agencies

  • Peru Ministry of Labour and Social Promotion

Loan desecription

China donates 10 million RMB to finance Peruvian social development and employment program

Narrative

Full Description

Project narrative

On April 15, 2002, China granted 10 million RMB for emergency and social development program “A Trabajar”. Both Chinese Embassador Mai Guoyan and Peruvian Chancellor Diego Garcia Sayan confirmed the donation. The Ministry of Labour and Social Promotion will be in charge of implementation, making sure the investment achieves a widespread impact. This program started operations in January of 2002 and continues to promote social welfare today. In 2005, “A Trabajar Urbano”, an updated version of the program, generated 209 million job positions in four years. A further goal of the program was to eradicate extreme poverty and hunger. On March 1, 2004, Peruvian President Alejandro Toledo met with the deputy Minister of Foreign Affairs of China. After the meeting, the hand-over ceremony took place for 10 million RMB of supplies for the urban work program. The grant included small trucks, trolleys, computers, and labor protection products.

Staff comments

An Economic and Technical Cooperation Agreement (ETCA) captured in Record ID#73147 was also signed on April 15, 2002, granting 10 million RMB, and may be the funding mechanism for this project. However, the language of the ETCA states that, as of April 15, 2002, specific projects for which the grant money would be used were not yet identified.