Ukraine has received nearly US$1.7 billion from Japan
www.pravda.com.ua
Thu, 26 Dec 2024 15:40:27 +0200
The Ukrainian state budget has received about US1.7 billion from the government of Japan for World Bank projects.
Source Ukraines Finance Ministry Ukrainian PM Denys Shmyhal stated that the funds will be allocated to projects in the social, healthcare, and education sectors, as well as for the restoration and support of businesses.
These funds were received between November and December through the following programmes US602 million loan under the Investing in Social Protection for Inclusion, Resilience, and Efficiency INSPIRE project.
US400 million loan in December 2024 under the Supporting Reconstruction through Smart Fiscal Governance SURGE project.
US250 million loan between November and December 2024 under the Resilient, Inclusive and Sustainable Enterprise RISE project.
US220 million in December 2024 under the Transforming Healthcare through Reform and Investments in Efficiency THRIVE project.
US200 million between November and December 2024 under the Lifting Education Access and Resilience in Times of Need LEARN project.
Background Japan will transfer an additional US3 billion to Ukraine, secured by frozen Russian assets.
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