Chinese Government provides RMB 50 million Interest-free loan for unspecified purposes

¥50M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Mauritius
Country	Mauritius
Start Date	Jan 28, 2016
End Date	Oct 20, 2026
Duration	3,918 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56724`

Grant Description

Chinese Government provides RMB 50 million Interest-free loan for unspecified purposes On January 27, 2016, China’s Ministry of Commerce and the Government of Mauritius signed and Economic and Technical Cooperation Agreement (ETCA).

📋 Loan / Grant Terms

💰 Loan Amountto the Government of Mauritius on the following terms: 20 year maturity

📅 Maturity20 years

⏳ Grace Period10 years

💹 Interest Rate0%

The loan is repayable via annual installments between January 2026 and January 2036. It is unknown how the proceeds of this loan are being used (or will be used in the future)

📚 Sources & References

Government signs agreements with China
China grants interest-free loan of Rs 250 million to Mauritius
Table F1: Public Sector Debt
APPENDIX G: DEBT 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.