Project ID: 54922

China signs Economic and Technical Cooperation Agreement granting $240,000 USD to St. Lucia (Linked to #54921)

Commitment amount

$ 546636.5092527927

Adjusted commitment amount

$ 546636.51

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Saint Lucia

Sector

Unallocated/unspecified (Code: 998)

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

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2004-09-06

Description

On September 6, 2004, the Chinese Government signed a Economic and Technical Cooperation Agreement granting $3.65 million USD to the Government of St. Lucia. Of the total aid package, approximately $3.41 million USD was allocated towards a psychiatric hospital (see Project #54921) and the remaining $240,000 USD was not allocated for any specific projects. It is unclear whether this grant was ever disbursed. The fund transfer was conducted between the Bank of St. Lucia and the Bank of China.

Additional details

Not marked as umbrella since low transaction amount makes the risk of duplication very low

Number of official sources

3

Number of total sources

3

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of St. Lucia [Government Agency]