Project ID: 67602

Chinese Government provides $12 million to the Federated States of Micronesia under New Economic Cooperation Agreement

Commitment amount

$ 13482775.347145673

Adjusted commitment amount

$ 13482775.35

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Micronesia

Sector

Other multisector (Code: 430)

Flow type

Grant

Infrastructure

No

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2019-12-13

Description

On December 13, 2019, the Chinese government agreed to provide the Federated States of Micronesia $12 million under an unnamed economic cooperation agreement. The agreement was reached during the visit of President Xi to Micronesia.

Additional details

1. AidData assumes that this project was financed with a Chinese Government grant for the time being. This issue warrants further investigation. 2. It is unclear whether this project is an ETCA because the source only indicates it is an economic cooperation project. This issue warrants further investigation.

Number of official sources

2

Number of total sources

2

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Micronesia, Federated States of [Government Agency]