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Active Development AidData Chinese Aid

Chinese Government provides RMB 50 million interest-free loan — via ETCA — for unspecified purposes

¥50M RMB

Funder Unspecified Chinese Government Institution
Recipient Organization Government of Lesotho
Country Lesotho
Start Date Dec 20, 2011
End Date Apr 06, 2033
Duration 7,778 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 1406
Grant Description

Chinese Government provides RMB 50 million interest-free loan — via ETCA — for unspecified purposes On December 20, 2011, the Chinese Government and the Government of Lesotho signed an Economic and Technical Cooperation Agreement (ETCA), which committed an RMB 50 million interest-free loan for unspecified purposes.

The two governments also signed another ETCA that committed RMB 50 million of grant funding (captured in Record ID#1402).

📋 Staff Comments

The following articles could not be found on Wayback Machine, Factiva, or Google: 'Lesotho, China sign US$10 million financial agreements' from APA News, and 'Lesotho, China Sign Financial Agreements' from the Government of Lesotho.

📚 Sources & References
  • 中国和莱索托两国政府签署经济技术合作协定
  • Lesotho
  • China Sign Financial Agreements
  • Remarks by H. E. Ambassador Hu Dingxian of The People's Republic of China to the Kingdom of Lesotho at the Signing Ceremony of the Agreement on Economic and Technical Cooperation Between the Government of the People's Republic of China and the Government of Kingdom of Lesotho
  • Lesotho
  • China sign US$10 million financial agreements 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 Lesotho

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