Chinese Government agrees to cancels CFA 11 billion of Government of Senegal's outstanding debt obligations

📋 Staff Comments

1. AidData has coded this debt forgiveness agreement as an umbrella record to avoid double counting, given that it is unknown if the corresponding loans were issued prior to or after 2000. This issue warrants further investigation.
2. Other agreements signed at the same time include the exchange of letters for China's donation of simultaneous translation equipment for the Economic, Social and Environmental Council (“中国向塞内加尔赠送一批同传设备的换文”)(Record ID#66702); the exchange of letters of installation and access to satellite television system is more than 300 villages in Senegal (在塞内加尔三百个村落实施“万村通”项目的换文) (Record ID#66560); the exchange of letters for the continuation of the support of the technical mission at the National Children’s Hospital Center in Diamniadio (Centre national hospitalier d’enfants de Diamniadio) ('继续为迪亚姆尼亚久儿童医院开展技术服务的换文')(#66703) and the supply of equipment (Record ID#58373).

📚 Sources & References

• Senegal Ministry of Finance Twitter Thread
• L’empire chinois au milieu du Sénégal
• Signature d’un accord de coopération économique entre le Sénégal et la Chine 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.