Chinese Government pledges to 1 billion RMB grant to Philippines in April 2019

¥1M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of the Philippines
Country	Philippines
Start Date	Jan 01, 2019
End Date	Dec 19, 2031
Duration	4,735 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`63884`

Grant Description

On April 25, 2019, China pledged to provide a RMB 1 billion grant to the Philippines during the Second Belt and Road Forum for International Cooperation in Beijing.

This verbal pledge was made during Philippines' President Duterte's bilateral meeting with Chinese President Xi Jinping held in Beijing. The grant is for unspecified purposes.

📋 Staff Comments

The project only reached verbal pledge stage. No additional evidence can confirm whether agreements were signed.

📚 Sources & References

China pledges one billion yuan grant, rice, other economic measures
President Duterte holds bilateral meetings with President Xi
Premier Li
Palace: Duterte’s China visit ‘highly successful’
China's Xi vows more resources for PH reg'l growth: Palace
China pledges $148-M grant, says Palace
Panelo: China’s Xi commits P7.7-B grant to PH, more fruit imports
一带一路论坛：菲律宾称南海争议可搁置，中国回应债务陷阱 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.