Project ID: 92516

Chinese Government lends $159.8 million to the Tanzanian Government for unspecified purposes

Commitment amount

$ 174174873.77229163

Adjusted commitment amount

$ 174174873.77

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Tanzania

Sector

Unallocated/unspecified (Code: 998)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2018-01-01

Description

According to the World Bank’s Debtor Reporting System (DRS), the Government of Tanzania contracted one or more loan commitments worth $159,815,492.10 with one or more official sector lenders in China during calendar year 2018. The DRS identifies the applicable interest rate as 0.999%

Additional details

1. The specific lenders, borrowers, commitment dates, and borrowing terms are unknown. These issues require further investigation. 2. The interest rate observation is drawn from https://www.dropbox.com/s/ab8qt4n6jijcbhd/IDS_Average%20interest%20on%20new%20external%20debt%20commitments.xlsx?dl=0.

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Tanzania [Government Agency]

Loan Details

Interest rate

0.999%

Bilateral loan