Active Development AidData Chinese Aid

Chinese Government converts $75 million USD loans to Afghanistan into grants (Linked to Record ID#34498)

Funder	China Ministry of Commerce
Recipient Organization	Government of Afghanistan
Country	Afghanistan
Start Date	Jan 01, 2009
End Date	Mar 03, 2033
Duration	8,827 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`34532`

Grant Description

In 2002, the Chinese Government made a commitment to provide the Government of Afghanistan with $150 million (captured in #34498). Half of this amount was to be provided in grant funding and the other half was to be provided via concessional loans.

Then, in March 2009, the Chinese Government announced that it had decided to amend its previous commitment in 2002 and provide the $75 million that it had previously planned to provide as a concessional loan in the form of a grant.

In 2010, Yang Jiechi announced that total 15 million USD of the aid was disbursed in 2009 with the remaining 60 million USD to be given by the end of 2013.

📋 Staff Comments

It is unclear whether the conversion of loans into grants was ever formally codified; therefore, this project has been status-coded as Pipeline: Pledge for the time being.

📚 Sources & References

Roundup: China vows to continue support to Afghanistan's reconstruction
China to grant $75 mln to Afghanistanhttps://global.factiva.com/redir/default.aspx?P=sa&an=DANWS00020090328e53r000e3&cat=a&ep=ASE
China pledges 75 million dollars in aid for Afghanistan
China vows to continue support to Afghanistan's reconstruction
China: Checkmating India in Afghanistan
Kabul’s New Patron?
China pledges $75 million in Afghan aid over 5 years
Chinese Growing Diplomatic
Strategic and Economic Interest in Afghanistan
Karzai’s Balancing Act: Bringing ‘China’ In?
Estimating China’s Foreign Aid II:2014 Update
杨洁篪外长在土耳其阿富汗问题
中阿经贸合作概况 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.