Chinese government denies granting $ 600 million loan to South Sudan

 

September 20th 2019 (Nyamilepedia)-The Chinese government on Thursday dismissed speculation that it had provided millions of dollars in loans to South Sudan.

Last week, some media outlets reported that the People’s Republic of China had given $ 600 million at the request of South Sudan in a bid to pay the salaries of the country’s civil servants who go for months without salaries.

“Recently, some media reported that the South Sudanese government borrowed a loan from the Chinese government to pay outstanding civil servants’ salaries,” said China’s Embassy in South Sudan.

The Chinese diplomatic mission denied that the alleged report is unfounded and has not been publicized by the Government of South Sudan or China’s financial institutions.

“It is understood that the South Sudanese government has never published such information, and the relevant departments and financial institutions of the two countries have not discussed any relevant arrangements,” the statement added.

The Chinese government affirmed its commitment to supporting the revitalized peace agreement through mutual agreements between the two countries.

“The reports released by some media is not true. In line with China’s foreign aid and economic cooperation policies, China will continue to provide necessary assistance to peace and development of South Sudan within its capacity through friendly consultation between the two sides.”