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Overview

Chinese Government cancels $3 million of the Government of Comoros’ outstanding obligations

Commitments (Constant USD, 2023)$6,012,992
Commitment Year•2005Country of Activity•ComorosDirect Recipient Country of Incorporation•ComorosSector•Action Relating To DebtFlow Type•Debt forgiveness

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 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 Comoros

Loan description

Chinese Government cancels $3 million of the Government of Comoros’ outstanding obligations

Narrative

Full Description

Project narrative

In 2005, the Chinese Government reportedly cancelled $3 million of the Government of Comoros’ outstanding debt obligations.

Staff comments

This project is not marked as an umbrella project because we do not capture any loans to Comoros prior to 2010, so there is no risk of double counting.