Chinese Government lends $159.8 million to the Tanzanian Government for unspecified purposes

$159.82M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Tanzania
Country	Tanzania
Start Date	Jan 01, 2018
End Date	Feb 03, 2031
Duration	4,781 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`92516`

Grant Description

Chinese Government lends $159.8 million to the Tanzanian Government for unspecified purposes According to the World Bank’s Debtor Reporting System (DRS), the Government of Tanzania contracted one or more loan commitments worth $159,815,492.10 with one or more official sector lenders in China during calendar year 2018.

The DRS identifies the applicable interest rate as 0.999%, the applicable maturity as 8.9166-years, and the applicable grace period as 0.9166-years.

📋 Staff Comments

The specific lenders, borrowers, and commitment dates are unknown. These issues require further investigation.
The borrowing terms are drawn from https://www.dropbox.com/scl/fi/mzn42ex3qb3mrden9pmi4/Private-Chinese-Loans-to-Tanzania-November-2023-DRS-Extraction.xlsx?rlkey=wfbtwh2cfuovl2hlq6yi7log8&dl=0 and https://www.dropbox.com/scl/fi/s7c2bgl6ybf4mnc10hcc1/Tanzania-s-Borrowings-and-Borrowing-Terms-from-Chinese-Creditors-IDS-August-2024-Export.xlsx?rlkey=0yy73c4iyn1m4lczn63jxsmcc&dl=0

📚 Sources & References

DRS Official Commitments from China through 2020 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.