Overview

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

Commitments (Constant USD, 2023)$504,897

Commitment Year•2004Country of Activity•Saint LuciaDirect Recipient Country of Incorporation•Saint LuciaSector•Unallocated/unspecifiedFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Sep 6, 2004

Stakeholders

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

Funding agencies

Government Agencies

China Ministry of Commerce

Receiving agencies

Government Agencies

Government of St. Lucia

Loan description

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

Narrative

Full Description

Project narrative

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 Record ID#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.

Staff comments

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