Chinese Government pledges loan worth CFA 90 billion to reinforce drinking water supply

$150M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Burkina Faso
Country	Burkina Faso
Start Date	Jan 01, 2019
End Date	Jan 29, 2030
Duration	4,046 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`61609`

Grant Description

Chinese Government pledges loan worth CFA 90 billion to reinforce drinking water supply According to a 2019 IMF report, the Chinese Government was expected to provide a CFA 90 billion concessional loan to the Government of Burkina Faso in 2019.

The loan is for the "Project to reinforce drinking water supply systems in the cities of Pouytenga, Koupéla, Bogandé, Boulsa, and Zorgho drawing on the Bilanga dam, and in the cities of Tenkodogo, Garango, Bittou and Bagré drawing on the Bagré dam+B21.

📋 Staff Comments

The terms and status of the loan are unknown.

📚 Sources & References

Burkina Faso: 2018 Article IV Consultation 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.