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The financing of the national arena did not reveal all its secrets. Is it a loan or a financing? Seneweb, who sought to know more, restores the truth of the facts. According to the information website, the overall cost of the infrastructure is 290 million 50 thousand Chinese yuan (24 billion CFA francs).
This amount consists of a donation and an interest-free loan . The donation, China has handed over to Senegal 130 million 400 thousand yuan (11 billion CFA francs) and for the loan, it has released an envelope of 160 million 100 thousand yuan (13 billion CFA francs), says the same source.
Who adds: "The Chinese government often exempts African countries from debts resulting from interest-free loans. That is why we can say that the national arena is entirely financed by China; the interest-free loan is also a form of Chinese economic aid. Here are the facts.
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