CMEC provides $45 million loan for balance of payments (BOP) support
Commitment amount
$ 102494345.48489864
Adjusted commitment amount
$ 102494345.48
Constant 2021 USD
Summary
Funding agency [Type]
China Machinery Engineering Corporation (CMEC) [State-owned Company]
Recipient
Sudan
Sector
General budget support (Code: 510)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
In December 2004, China Machinery Engineering Corporation (CMEC) provided a $45 million loan to the Government of Sudan for balance of payments (BOP) support. The borrowing terms of the loan are unknown. It is unclear whether these funds were ever disbursed.
Additional details
1. This loan is reported by Chr. Michelsen Institute (CMI), which in turn relies on data from the Government of Sudan’s Ministry of Finance and National Economy (MOFNE). 2. This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sudan [Government Agency]