China signs Economic and Technical Cooperation Agreement loaning 100 million RMB interest-free to Cote d'Ivoire in December 2009

📋 Staff Comments

Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.

📚 Sources & References

• http://cd.qq.com/a/20091224/001550.htm, http://www.yznews.com.cn/yznews08/yzgl/2009-12/24/content_3060038.htm
• 科特迪瓦隆重举行中国援科经济技术合作协定签字仪式(图) 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.