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Overview

China grants $250,000 USD to Yap State Government (linked to Umbrella #61558)

Commitments (Constant USD, 2023)$501,083
Commitment Year2005Country of ActivityMicronesiaDirect Recipient Country of IncorporationMicronesiaSectorGovernment And Civil SocietyFlow TypeGrant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Nov 28, 2005

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Micronesia, Federated States of
  • Government of Yap State of Micronesia

Loan description

China grants $250,000 USD to Yap State Government (linked to Umbrella #61558)

Narrative

Full Description

Project narrative

On November 28, 2005 during a meeting between the President of Micronesia and the Chinese Vice Foreign Minister, a Chinese government official signed an agreement granting $2.5 million USD to the Government of the Federated States of Micronesia (see Umbrella Record ID#69212). According to a congressional resolution (CR No. 14-54), $250,000 of that total grant was allocated to the Yap State Government for unspecified purposes.