Chinese Government commits RMB 200 million loan — via ETCA — for unspecified purposes (Linked to Record ID#42169, #42173, and #42171)

📋 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

• EMBASSY MINSK WEEKLY POL/ECON REPORT - NOVEMBER 09, 2007
• Newsline - November 6, 2007
• China pledges to provide Belarus with $527 million in loans, to donate nearly $7 million, naviny.by
• China aktuell China Data Supplement November 7
• China extends Belarus $500 mln credit to modernise
• Belarus to receive $2,7 mln as grant from China 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.