Narrative
Full Description
Project narrative
On June 19, 2008, the Chinese Government and the Government of Mongolia signed an exchange of letters, in which the Chinese Government allowed the Government of Mongolia to defer repayment on a loan that it previously contracted with an unspecified Chinese Government lender. The loan’s signature, face value, borrowing terms and purpose are unknown.
Staff comments
The Mongolian translation of the debt rescheduling agreement that was signed on June 19, 2008 is Зээлийн өрийг төлөх хугацааг хойшлуулах тухай Монгол Улсын Засгийн газар, БНХАУ-ын засгийн газар хоорондын солилцох захидал).