Project ID: 58333

Chinese Government restructures Botswana’s outstanding debt obligations through a maturity extension to an interest-free loan

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Botswana

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

2008-08-27

Description

On August 27, 2008 and October 9, 2008, the Chinese Government and the Government of Botswana signed an exchange of notes, which provided a maturity extension to an interest-free loan that the Government previously contracted with the Chinese Government.

Additional details

one potential is the 30 million free-interest loan in 2005 (project #30)

Number of official sources

1

Number of total sources

1

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Botswana [Government Agency]

Loan Details