Government of China donates RMB $90 million via June 2021 ETCA to Government of Madagascar

¥90M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Madagascar
Country	Madagascar
Start Date	Jan 01, 2021
End Date	Aug 23, 2027
Duration	2,425 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`96961`

Grant Description

On June 15, 2021, an Economic and Technical Cooperation Agreement was signed between China and Madagascar, which includes a donation from China to Madagascar of RMB $90 million.

This donation will be used to finance future projects in Madagascar, and is part of China's efforts to support Madagascar's economy from the COVID-19 pandemic.

📚 Sources & References

Signature d'un Accord de coopération économique et technique entre Madagascar et la Chine
Chinese Government and Madagascar Government Sign New Economic and Technical Cooperation Agreement
China and Madagascar sign new cooperation agreement 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.