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Overview

China funds Kiribati Social Stability fund with AUD 500,000 (linked to Record ID#89553)

Commitments (Constant USD, 2023)$355,770
Commitment Year•2020Country of Activity•KiribatiDirect Recipient Country of Incorporation•KiribatiSector•Government And Civil SocietyFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
May 20, 2020

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

China funds Kiribati Social Stability fund with AUD 500,000 (linked to Record ID#89553)

Narrative

Full Description

Project narrative

On May 20, 2020, the Chinese Government and the Government of Kiribati signed an AUD$6.17 million grant agreement for a Livelihood Project. The grant proceeds were to be used to support the implementation of various projects (see Record ID#89553). AUD 500,000 of these funds were allocated to the Kiribati Social Stability fund (formerly known as the church fund).