Project ID: 36125

MOFCOM provides RMB 30 million interest-free loan — via ETCA — in 2012 for unspecified purposes

Commitment amount

$ 5583417.063323324

Adjusted commitment amount

$ 5583417.06

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Bolivia

Sector

Unallocated/unspecified (Code: 998)

Flow type

Loan

Level of public liability

Central government debt

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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2012-01-01

Description

In 2012, China's Ministry of Commerce (MOFCOM) and the Government of Bolivia signed an Economic and Technical Cooperation Agreement (ETCA), which committed an RMB 30 million loan for unspecified purposes. The loan carried the following borrowing terms: a 0% interest rate, a 10-year grace period, and a 20-year maturity. The lender made disbursements worth $4,629,130 in 2015. The loan’s (principal) amount outstanding was $4,622,496 as of December 31, 2015.

Additional details

1. The Government of Bolivia loan identification number is LOAN A/C 2012/1.

Number of official sources

2

Number of total sources

4

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Bolivia [Government Agency]

Loan Details

Maturity

20 years

Interest rate

0.0%

Grace period

10 years

Grant element (OECD Grant-Equiv)

62.9902%

Bilateral loan

Interest-free loan