Project ID: 73465

Chinese Government provides STP with $10.9 million of general budget support (linked to #55639)

Commitment amount

$ 12560485.911528615

Adjusted commitment amount

$ 12560485.91

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Sao Tome and Principe

Sector

General budget support (Code: 510)

Flow type

Grant

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

2017-01-01

Actual start

2017-01-01

Actual complete

2017-12-31

Description

According to the World Bank, the Chinese Government contributed $10.9 million to the Government of São Tomé and Príncipe’s 2019 budget for project grants. Project #55639 mentions this grant as part of a $38-million budget support pledge made by the Chinese government in 2017, to extend for 5 years.

Additional details

Most of the media sources for this project list the transaction amount as the rounded up amount of $11 million. However, AidData uses the amount reported by the World Bank, $10.9 million.

Number of official sources

1

Number of total sources

4

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of São Tomé & Príncipe [Government Agency]