CMEC provides $45 million loan to Sudan for balance of payments (BOP) support

$45M USD

Funder	China Machinery Engineering Corporation (CMEC)
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Dec 01, 2004
End Date	Aug 12, 2029
Duration	9,020 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56925`

Grant Description

CMEC provides $45 million loan for balance of payments (BOP) support In December 2004, China Machinery Engineering Corporation (CMEC) provided a $45 million loan to the Government of Sudan for balance of payments (BOP) support.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

It is unclear whether these funds were ever disbursed.

📋 Staff Comments

This loan is reported by Chr. Michelsen Institute (CMI), which in turn relies on data from the Government of Sudan’s Ministry of Finance and National Economy (MOFNE).
This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.

📚 Sources & References

External Debts
Growth and Peace in the Sudan Some Serious Challenges Facing the Country in the Post-Conflict Era 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.