Chinese Government loans Burkina Faso FCFA 42.13 billion for the Replacement of Thatched Roofs on 1000 Schools
Pledged amount
$ 81296457.75775725
Adjusted pledged amount
$ 81296457.75775725
Constant 2021 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Burkina Faso
Sector
Education (Code: 110)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Description
According to the IMF, China will provide Burkina Faso with a concessional borrowing of FCFA 42.13 billion in 2019 for the replacement of thatched roofs on 1000 school complexes, each with 3 classrooms. This project is recorded under IMF's 2018 Article IV Consultation as a Planned Concessional or Non-concessional borrowing. Due to the nature of school roof replacement projects, Aiddata record this as a grant.
Additional details
1. This is not the same project as Project ID#60181, which captures a 5.8 billion XOF grant for elementary schools constructions. 2. This project is recorded under IMF's 2018 Article IV Consultation as a Planned Concessional or Non-concessional borrowing. Due to the nature of school roof replacement projects, Aiddata record this as a grant.
Number of official sources
3
Number of total sources
10
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Burkina Faso [Government Agency]