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Overview

Chinese Government gives social stability fund worth AUD 500,00 to Kiribati (linked to Record ID#92651)

Commitments (Constant USD, 2023)$346,670
Commitment Year•2021Country of Activity•KiribatiDirect Recipient Country of Incorporation•KiribatiSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jun 7, 2021

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

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Kiribati

Loan description

Chinese Government gives social stability fund worth AUD 500,00 to Kiribati (linked to Record ID#92651)

Narrative

Full Description

Project narrative

On June 7, 2021, the Chinese Government and the Government of Kiribati signed an AUD$6,739,600 (USD$5,224,850) grant agreement for a Livelihood Project. The grant (donation) was received by the Officer-in-charge of the Ministry of Finance and Economic Development Koin Uriam (see Record ID#92651). One project funded by this grant was a social stability fund worth AUD 500,000. The social stability fund was formerly known as the church grant.