Chinese Government agrees to reschedule the Government of Sudan’s outstanding debt obligations in 2014

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Dec 20, 2014
End Date	Nov 04, 2030
Duration	5,798 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`36133`

Grant Description

On December 20, 2014, the Chinese Government agreed to reschedule the Government of Sudan’s debt repayments in order to allow it to repay on a “more convenient timeline." It is unclear which loans were rescheduled.

Sudan's Minister of Finance Abdel Rahman Dirar said the Chinese Government had offered more "suitable time" for Khartoum to repay its debt without additional interest, but did not disclose additional details. Sudan's Minister of Finance attributed the delay in repayments to the 2011 secession of South Sudan.

📋 Staff Comments

This debt restructuring is not included in the dataset of Chinese debt cancellations and restructurings released by SAIS-CARI in 2020.

📚 Sources & References

China reschedules Sudan's debt repayment
Sudan reaches new deal with China to reschedule debts, نائب محافظ بنك السودان المركزي : تدابير للسيطرة على التضخم وسعر الصرف
Sudan reaches new deal with China to reschedule debts 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.