Chinese Government cancels RMB 40.3 million of the Government of Bolivia’s outstanding obligations

¥40.3M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Bolivia
Country	Bolivia
Start Date	Apr 24, 2008
End Date	Oct 14, 2029
Duration	7,843 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`37476`

Grant Description

According to Bolivia’s Central Bank, on 24 April 2008, the Chinese Government and the Government of Bolivia signed a debt exemption protocol cancelling RMB 40.3 million of the Government of Bolivia’s outstanding debt obligations related to one or more previously contracted loans. The agreement was signed by China's Ambassador Zhao Wuyi and Foreign Minster Choquehuanca.

📚 Sources & References

The Governments of China and Bolivia signed Debt Relief Protocol(中国和玻利维亚两国政府签订免债议定书)
Primer Libro Blanco de China para aumentar cooperación con Latinoamérica
Balance of Payments Report and International Investment Position January - September 2008 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.