Active Development AidData Chinese Aid

Chinese Government cancels RMB 160 million of the Government of Mauritania’s outstanding debt obligations in 2022

¥160M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Mauritania
Country	Mauritania
Start Date	Jan 25, 2022
End Date	Jan 18, 2031
Duration	3,280 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`95356`

Grant Description

On January 25, 2022, the Chinese Government and the Government of Mauritania signed a debt forgiveness agreement.

China’s Ministry of Commerce (MOFCOM) agreed to cancel RMB 160 million of the Government of Mauritania’s outstanding debt obligations.

These obligations resulted from one or more interest-free loans that the Government of Mauritania had previously contracted.

📋 Staff Comments

1. This record is marked as an umbrella record because the (cancelled) interest-free loan (loans) was (were) potentially contracted after calendar year 2000, which presents a risk of double-counting.

📚 Sources & References

Signature d’un accord entre la Mauritanie et la Chine relatif à l’annulation d’une partie de la dette
Signing an agreement between our country and China to cancel part of the debt
Signing of an agreement between Mauritania and China on the cancellation of part of the debt
Signature d’un accord entre la Mauritanie et la Chine relatif à l’annulation d’une partie de la dette
Signature d’un accord entre la Mauritanie et la Chine relatif à l’annulation d’une partie de la dette
李柏军大使与毛经济与生产发展部长共同签署免债议定书 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.