Chinese Government provides RMB 30 million loan for unspecified activities in multiple sectors

¥30M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Madagascar
Country	Madagascar
Start Date	Nov 21, 2005
End Date	May 27, 2028
Duration	8,223 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72955`

Grant Description

Chinese Government provides RMB 30 million loan for unspecified activities in multiple sectors On November 21, 2005, the Chinese Government and the Government of Madagascar signed an RMB 30 million loan agreement for unspecified activities in multiple sectors.

It is unclear how the proceeds from this loan have been used by the Government of Madagascar, However, Madagascar’s Ministry of Finance and Budget identifies this loan as outstanding debt to the Chinese Government and it used the identification number 00115700 to track the repayment of this loan.

📚 Sources & References

SOUTENABILITE DE LA DETTE EXTERIEURE : CAS DE MADAGASCAR
OPERATIONS EN CAPITAL DE LA DETTE PUBLIQUE 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.