Active Development AidData Chinese Aid

Chinese Government provides an interest-free loan - via a January 2013 ETCA - for unspecified purposes

Funder	China Ministry of Commerce
Recipient Organization	Government of Chad
Country	Chad
Start Date	Jan 22, 2013
End Date	Sep 22, 2027
Duration	5,356 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56775`

Grant Description

Chinese Government provides an interest-free loan - via a January 2013 ETCA - for unspecified purposes On January 22, 2013, the Chinese Government and the Government of Chad signed an Economic and Technical Cooperation Agreement (ETCA) in which the Chinese Government committed an interest-free loan to the Chadian Government for unspecified purposes.

The financial details of the loan are unknown.

📋 Staff Comments

As this is an ETCA, which is a financing mechanism specific to China's Ministry of Commerce (MOFCOM), AidData has coded MOFCOM as the specific Chinese Government institution responsible for providing this interest-free loan. 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

我与乍得签订两项经济技术协定 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.

All Grantees

Government of Chad

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