Chinese Government cancels $3 million of the Government of Comoros’ outstanding obligations

$3M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Comoros
Country	Comoros
Start Date	Jan 01, 2005
End Date	Apr 18, 2029
Duration	8,873 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73539`

Grant Description

In 2005, the Chinese Government reportedly cancelled $3 million of the Government of Comoros’ outstanding debt obligations.

📋 Staff Comments

This project is not marked as an umbrella project because we do not capture any loans to Comoros prior to 2010, so there is no risk of double counting.

📚 Sources & References

Debt Relief with Chinese Characteristics
SAIS-CARI China's Debt Cancellation In Africa Database* 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.