Chinese Government provides $7.5 million grant — via ETCA — for multiple projects in March 2021
Commitment amount
$ 7500000.0
Adjusted commitment amount
$ 7500000.0
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Guinea-Bissau
Sector
Unallocated/unspecified (Code: 998)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
On March 16, 2021, China’s Ambassador to Guinea-Bissau Guo Ce and Guinea-Bissau’s Minister of Finance signed an economic and technical cooperation agreement (ETCA) to implement several different projects. The Chinese Government reportedly committed $7.5 million of grant funding for various projects in Guinea-Bissau. The Secretary of State for the Treasury of the Ministry of Finance of Guinea-Bissau, and the Secretary of the Treasury, both attended the signing ceremony.
Number of official sources
2
Number of total sources
5
Details
Cofinanced
No
Direct receiving agencies [Type]
Guinea-Bissau Ministry of Finance [Government Agency]