Completed Development AidData Chinese Aid

Chinese Government cancels RMB 189.6 million of the Government of Chad’s outstanding obligations in 2021 (Linked to Record ID#32656)

¥189.6M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Chad
Country	Chad
Start Date	Feb 27, 2021
End Date	Jun 15, 2026
Duration	1,934 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`102652`

Grant Description

On February 27, 2021, the Chinese Government and the Government of Chad signed a memorandum of understanding (MOU), which cancelled RMB 189,600,000 of the Government of Chad’s outstanding debt obligations.

These debts resulted from four, interest-free, MOFCOM loans that the Government of Chad previously contracted for the construction of the Palace of Democracy, the seat of Chad’s National Assembly. These loans were originally scheduled to reach maturity in December 2020.

The MOU was signed by Chad’s Minister of Finance and Budget Tahir Hamid Nguilin and the Extraordinary and Plenipotentiary Ambassador of the People's Republic of China to the Republic of Chad Li Jinjin.

📋 Staff Comments

1. To date, AidData has only captured a single MOFCOM, interest-free loan for the National Assembly Building Construction Project (via Project ID#32656). However, this loan was originally scheduled to mature on or around December 27, 2028. This issue warrants further investigation.

📚 Sources & References

L'Ambassadeur de Chine au Tchad et le Ministre des Finances et du Budget ont signé le protocole d'accord portant annulation de dette
La Chine annule 15 milliards de sa dette au Tchad
Tchad : la Chine annule une dette de 15,89 milliards de FCFA.
Tchad: La Chine annule une dette 15,89 milliards (Accords) Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.

All Grantees

Government of Chad

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