Chinese Government commits RMB 10 million interest-free loan — through ETCA — for unspecified projects to support National Development Plan
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)
The Chinese government gave Botswana an interest-free loan amounting to 10 million RMB to help Botswana implement some of its priority projects in National Development Plan (NDP 10). Matambo said consultations were still ongoing regarding projects to be implemented with the earlier grant. The agreement was signed between May 24th and 26th, 2009, as an economic and technical cooperation agreement.
This project is not to be confused with project ID#37 Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20 years by default and grace period to 10 years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20 years, with a drawdown period of 5 years, grace period of 5 years, and repayment over 10 years. AidData treats the drawdown period as providing 5 years of additional grace.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Botswana [Government Agency]