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Active Development Aid AidData Chinese Aid

China Grants USD 250 thousand to the Kosrae State Government (Linked to Record ID#61558)


Funder China (People's Republic of)
Recipient Organization Micronesia
Country Micronesia
Start Date May 03, 2005
End Date Nov 05, 2032
Duration 10,048 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 69215
Grant Description

Based on the release from the Congress of Micronesia, on November 28, 2005, Micronesian officials signed an agreement with Chinese officials in Palikir for a grant of $2.5 million USD (link to Record ID#61558).

USD 250 thousand of the grant was provided to the Kosrae State Government as the capital contribution to the FSM Trust Fund. However, it is unknown whether the Congress has approved it and the grant was provided to the Kosrae State. 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

Micronesia

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