Overview

Chinese Government provides $10 million grant to Pakistan's Citizens Damage Compensation Program following the July 2010 floods

Commitments (Constant USD, 2023)$11,364,971

Commitment Year•2011Country of Activity•PakistanDirect Recipient Country of Incorporation•PakistanSector•Other MultisectorFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 24, 2011

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

China Ministry of Commerce

Receiving agencies

Government Agencies

Government of Pakistan

Implementing agencies

Government Agencies

Government of Pakistan

Loan description

Chinese Government provides $10 million grant to Pakistan's Citizens Damage Compensation Program following the July 2010 floods

Narrative

Full Description

Project narrative

On January 24, 2011, the Chinese Government and the Government of Pakistan signed a grant agreement to support victims of the July 2010 floods in Pakistan. The Chinese Government agreed to provide a $10 million USD cash grant to support the Government of Pakistan's Citizens Damage Compensation Program (CDCP) for flood survivors. This grant commitment and a $400 million loan pledge were announced by Chinese Premier Wen Jiabao while he was speaking at the National Disaster Management Authority in Islamabad on December 18, 2010.