Fiji creates China Grant Trust Fund

Funder	China (People's Republic of)
Recipient Organization	Fiji
Country	Fiji
Start Date	Jul 10, 2007
End Date	Nov 30, 2028
Duration	7,814 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`67034`

Grant Description

In 2007, Ministry of Finance gave approval to the Prime Minister’s Office to open a bank account for a Chinese Government Grant, which was later referred to as a Chinese Grant Trust Fund Account.

The account records grants that are provided by the Chinese Government to the Fiji Government through bilateral agreements. The grant agreements outline the purpose and conditions for the utilization of the funds. 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.