Chinese Government provides $10 million grant to Pakistan's Citizens Damage Compensation Program following the July 2010 floods
Commitment amount
$ 12298801.813412774
Adjusted commitment amount
$ 12298801.81
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Pakistan
Sector
General budget support (Code: 510)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
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.
Number of official sources
3
Number of total sources
19
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Pakistan [Government Agency]
Implementing agencies [Type]
Government of Pakistan [Government Agency]