Project ID: 37642

China pledges 800,000 USD in budget assistance

Pledged amount

$ 2011630.213930647

Adjusted pledged amount

$ 2011630.213930647

Constant 2021 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.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Papua New Guinea

Sector

General budget support (Code: 510)

Flow type

Grant

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: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2001-05-29

Description

On May 30, 2001, Papua New Guinea said China would give it a "no-strings-attached" cash grant of 800,000 USD ($A1.55 million) in budget assistance. PNG Prime Minister Sir Mekere Morauta announced the aid after a meeting with Chinese Premier Zhu Rongji in Beijing.

Number of official sources

1

Number of total sources

2

Download the dataset

Details

Cofinanced

No

Implementing agencies [Type]

Government of Papua New Guinea [Government Agency]