Chinese Government cancels $16 million of the Government of Suriname’s outstanding obligations

$16M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Suriname
Country	Suriname
Start Date	Oct 01, 2016
End Date	Jan 26, 2030
Duration	4,865 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`70314`

Grant Description

According to the Ministry of Finance of Suriname, the Chinese Government canceled $16 million of the Government of Suriname’s outstanding debt obligations in October 2016.

📋 Staff Comments

1. As it is unknown what loans this cancellation applied to, this record has been marked as umbrella to avoid double counting

📚 Sources & References

FINANCIËLE NOTA 2018
FINANCIËLE NOTA 2019 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.