Project ID: 97858

China Eximbank provides $13.1 million loan for Public Administration Project

Commitment amount

$ 23736875.97824284

Adjusted commitment amount

$ 23736875.98

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Guinea

Sector

Government and civil society (Code: 150)

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

OOF-like (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

2007-06-28

Description

On June 28, 2007, China Eximbank and the Government of Guinea signed a government concessional loan (GCL) agreement worth $13,192,544.80 for the Public Administration Project. The estimated borrowing terms of the loan are as follows: an interest rate of 7.0713%, a 15 year maturity, and a 5 year grace period. The purpose of the project was to improve communication between different government agencies in Guinea. The implementation status of the project is unknown.

Additional details

1. The French project title is La communication entre le différents services de l’Administration publique. 2. The loan commitment date is drawn from the following official source: https://www.dropbox.com/s/pdk8ugag8uy2150/L013_2007_AN%20Accord%20de%20pr%C3%AAt%20concessionnel%20Gouvernemental.pdf?dl=0. 3. The face value and borrowing terms of the loan are drawn from the World Bank's Debtor Reporting System (DRS). See https://www.dropbox.com/s/jh3ypyfvbm2i7yh/Data_Extract_From_International_Debt_Statistics.xlsx?dl=0 and https://www.dropbox.com/s/949n5rctiue6d7c/IDS_Average_grace_period_and_maturity_on_new_external_debt_commitments.xlsx?dl=0 and https://www.dropbox.com/s/ab8qt4n6jijcbhd/IDS_Average%20interest%20on%20new%20external%20debt%20commitments.xlsx?dl=0.

Number of official sources

2

Number of total sources

9

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Guinea [Government Agency]

Loan Details

Maturity

15 years

Interest rate

7.0713%

Grace period

5 years

Grant element (OECD Grant-Equiv)

11.0925%

Bilateral loan

Government Concessional Loan

Investment project loan