Chinese Government provides RMB 30 million million interest-free loan — via ETCA — for unspecified purposes

📋 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

• Maroc-Chine : Des relations au beau fixe, http://global.factiva.com/aa/?ref=bbcmep0020020827dy8r00and&pp=1&fcpil=en&napc=S&sa_from=
• Chinese Loans to Africa Database
• 摩洛哥与中国的经济关系（1999―――2003年)
• Morocco
• China sign several cooperation 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.