Project ID: 383
Chinese Government provides $3.8 million interest-free loan for unspecified purposes
Commitment amount
$ 6837204.654959579
Adjusted commitment amount
$ 6837204.65
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Central African Republic
Sector
Unallocated/unspecified (Code: 998)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
In 2007, the Chinese Government, represented by Chinese Foreign Minister Li Zhaoxing, signed a series of agreements with the Government of Central African Republic, including a $3.8 million USD interest-free loan. It is unclear how the proceeds of this loan were used.
Number of official sources
1
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of the Central African Republic [Government Agency]
Loan Details
Interest rate
0.0%