Completed Development AidData Chinese Aid

PRC Poverty Reduction and Regional Cooperation Fund grants $1 million USD for 2010 Projects

$1M USD

Funder	China Ministry of Finance
Recipient Organization	People's Republic of China Poverty Reduction and Regional Cooperation Fund
Country	Asia, regional
Start Date	May 06, 2010
End Date	Aug 16, 2026
Duration	5,946 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`87044`

Grant Description

On 24 March 2005, the Chinese Government and Asian Development Bank (ADB) jointly established the People's Republic of China (PRC) Poverty Reduction and Regional Cooperation Fund. The China Ministry of Finance provided financing and ADB implemented the projects.

The purpose of this special fund is to support the process of poverty reduction, regional cooperation and knowledge sharing for ADB developing member countries (DMCs) in the Asia-Pacific as well as Greater Mekong Subregion (GMS) and Central Asia Regional Economic Cooperation (CAREC) countries.

According to a 2019 Annual Report (p. 33), on 6 May 2010, the Chinese Ministry of Finance approved $1 million USD from this special fund for two different projects: 1) $500,000 USD for "Supporting the Boao Forum for Asia in Regional Economic Integration and Partnership Dialogues." Closed 30 October 2015. 2) $500,000 USD for "Strengthening the Coordination of the GMS Program." Closed 30 April 2018.

📋 Staff Comments

Also called the PRC Fund or 中华人民共和国减贫与区域合作基金.Not marked as umbrella because the risk of duplication is very low.

📚 Sources & References

PRC Poverty Reduction and Regional Cooperation Fund
Annual Report 2019 PEOPLE’S REPUBLIC OF CHINA POVERTY REDUCTION AND REGIONAL COOPERATION FUND 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.

All Grantees

People's Republic of China Poverty Reduction and Regional Cooperation Fund

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