Chinese Government provides $5 million of general budget support to STP (Linked to Record ID#55639)

$5M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of São Tomé & Príncipe
Country	Sao Tome and Principe
Start Date	Jan 01, 2019
End Date	Dec 28, 2032
Duration	5,110 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73468`

Grant Description

In 2019, the Chinese Government committed to contribute USD $5 million to the Government of São Tomé and Príncipe’s 2019 State Budget.

The umbrella Record ID#55639 relates this USD $5 million contribution to a larger USD $38 million pledge of general budget support by the Chinese government to STP made in 2017.

📚 Sources & References

São Tomé e Príncipe PM’s visit to China imminent
China willing to increase investment in São Tomé e Príncipe
STP_ OGE for 2019 is supported directly by China at USD 5 million
OGE para 2019 e apoiado diretamente pela China em 5 milhoes USD
China contribui com 5 milhões de Dólares para o Orçamento Geral de Estado para 2019
China contribui com 5 milhoes de dolares para orcamento de Sao Tome & Principe de 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.