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China Exim Bank provides $3 billion soft loan to Belarus to finance joint projects (Linked to Record ID#66078 and #66079)
| Funder | China (People's Republic of) |
|---|---|
| Recipient Organization | Belarus |
| Country | Belarus |
| Start Date | Aug 15, 2015 |
| End Date | Apr 05, 2026 |
| Duration | 3,886 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 66077 |
Grant Description
China Exim Bank provides $3 billion soft loan to Belarus to finance joint projects On May 11, 2015, China EXIM bank agreed to provide $3 billion USD in soft loans to Belarus for Belarusian banks to support SMEs and other business projects (Gordonua).
The loans will help finance projects in priority sectors of the economy: the construction of infrastructure, the social sphere, as well as in the development of small and medium-sized businesses (Newsgomel). This is an ongoing project according to the Eurasia Expert source. 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
Belarus
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