Project ID: 55717

Chinese Government Provides RMB 20 Million via a November 2008 ETCA Due to 2008 Global Recession

Commitment amount

$ 4387228.382868154

Adjusted commitment amount

$ 4387228.38

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Seychelles

Sector

General budget support (Code: 510)

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2008-11-13

Actual start

2008-12-26

Actual complete

2008-12-26

Description

On November 13, 2008, the Chinese Government signed an Economic and Technical Cooperation Agreement (ETCA) committing to grant $1.46 million USD in cash assistance to the Government of Seychelles in light of the 2008 global recession. The check was officially handed over on December 26, 2008.

Number of official sources

1

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Seychelles [Government Agency]