Project ID: 415

Chinese Government pledges loan worth CFA 15 billion for unspecified projects

Pledged amount

$ 46940902.37

Constant 2017 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.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Congo

Sector

Unallocated/unspecified (Code: 998)

Flow type

Loan

Concessional

Yes

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 year

2000

Description

On June 30, 2000, Mathias Dzon, the Congolese Finance Minister, reported that China had authorized a loan of CFA 15 billion francs at a preferential rate (see 'China to lend 15 bln CFA francs to Republic of Congo.'). No details were available on the terms of the loan, and the projects financed with this loan have yet to be determined.

Additional details

The project may be related to project ID#12821, a CFA 20 billion loan pledged in August 2000.As it is unclear whether any loan went through or was formally committed, AidData has set project_status to pipeline_pledge.

Number of official sources

0

Number of unofficial sources

1

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Republic of Congo [Government Agency]

Loan type

Concessional

Gurarantee provided

No

Insurance provided

No