Overview

Chinese Government provides $3.8 million interest-free loan for unspecified purposes

Commitments (Constant USD, 2023)$6,313,945

Commitment Year•2007Country of Activity•Central African RepublicDirect Recipient Country of Incorporation•Central African RepublicSector•Unallocated/unspecifiedFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2007

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of the Central African Republic

Loan desecription

Chinese Government provides $3.8 million interest-free loan for unspecified purposes

Interest rate (t₀)•0%Interest type•Fixed Interest Rate

Narrative

Full Description

Project narrative

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.