Project ID: 56803

Chinese Government restructures an interest-free loan by allowing for repayment with exportable commodities

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Tunisia

Sector

Action relating to debt (Code: 600)

Flow type

Debt rescheduling

Level of public liability

Central government debt

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

2010-12-14

Description

On December 14, 2010, the Government of China and the Government of Tunisia signed an exchange of letters on the use of goods by Tunisia to repay interest-free loans owed to China. Under the terms of this agreement, the Chinese Government allowed the Tunisian Government to repay an interest-free loan that it previously contracted - and which had entered into the repayment period - with domestically produced exportable commodities.

Additional details

It is unclear what specific interest-free loan this debt restructuring referred to.

Number of official sources

1

Number of total sources

2

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Tunisia [Government Agency]

Loan Details

Interest rate

0.0%