Chinese government grants $1 million to Nauru for multiple purposes
Commitment amount
$ 2277652.121886636
Adjusted commitment amount
$ 2277652.12
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Nauru
Sector
Other multisector (Code: 430)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Description
In August of 2004, the Chinese government granted Nauru $1 million after an agreement was reached during the Apia Forum (August 5th-7th). According to "Votes and Proceedings of the Fifteenth Parliament, No. 50", the grant is equal to 1.3 million AUD, with approximately AUD300,000 allocated to purchasing fuel on September 1st, 2004. In addition to the fuel shipment, an unspecified amount of the grant was "to assist to the extent possible our overseas students’ critical accounts to settle their unpaid accounts and get on environment at least until the end of the school year," and AUD72,000 was put towards redundancy packages for staff working in Melbourne, AUS (page 11).
Number of official sources
1
Number of total sources
2
Details
Cofinanced
No
Implementing agencies [Type]
Government of Nauru [Government Agency]