China funds Kiribati Social Stability fund with AUD 500,000 (linked to Record ID#89553)

$500K USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Kiribati
Country	Kiribati
Start Date	May 20, 2020
End Date	Jan 21, 2033
Duration	4,629 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`97324`

Grant Description

On May 20, 2020, the Chinese Government and the Government of Kiribati signed an AUD$6.17 million grant agreement for a Livelihood Project. The grant proceeds were to be used to support the implementation of various projects (see Record ID#89553). AUD 500,000 of these funds were allocated to the Kiribati Social Stability fund (formerly known as the church fund).

📚 Sources & References

DEVELOPMENT BUDGET FOR 2021
Lowy Institute Pacific Aid Map 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.