Chinese Government provides STP with $10.9 million of general budget support (Linked to Record ID#55639)

$10.9M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of São Tomé & Príncipe
Country	Sao Tome and Principe
Start Date	Jan 01, 2017
End Date	Apr 12, 2027
Duration	3,753 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73465`

Grant Description

According to the World Bank, the Chinese Government contributed $10.9 million to the Government of São Tomé and Príncipe’s 2019 budget for project grants.

Record ID#55639 mentions this grant as part of a $38-million budget support pledge made by the Chinese government in 2017, to extend for 5-years.

📋 Staff Comments

Most of the media sources for this project list the transaction amount as the rounded up amount of $11 million. However, AidData uses the amount reported by the World Bank, $10.9 million.

📚 Sources & References

China contribui com 5 milhoes de dolares para orcamento de Sao Tome & Principe de 2019
OGE para 2019 e apoiado diretamente pela China em 5 milhoes USD
STP_ OGE for 2019 is supported directly by China at USD 5 million
Addressing the causes of fiscal fragility 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.