China provides Bolivia 50 million RMB interest-free credit line in October 2014 through an ETCA

📋 Staff Comments

Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.

📚 Sources & References

• Bolivia: Ley Nº 644, 19 de enero de 2015
• LAW N ° 644 - The “Economic and Technical Cooperation Agreement between the Government of the Plurinational State of Bolivia and the Government of the People's Republic of China is ratified, relative to a Line of Credit, free of interest, of fifty million (50,000,000 , 00) Renminbi Yuan ”,
• Law 644
• Law 644
• INFORME DE GESTION 2014 LOGROS INSTITUCIONALES 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.