Ukraine receives $100 mln loan from Japan on concessional terms – Finance Ministry
On May 24, Ukraine received a JPY 13 billion or $100 million loan from the Japan International Cooperation Agency (JICA) on concessional terms with maturity period of 30 years at 1% per annum with a grace period of 10 years, the Ministry of Finance has reported.
"The agreement is the first part of the agreed financial assistance between Ukraine and Japan," the Finance Ministry said in a release on Tuesday.
The ministry said that the funds will be directed to the state budget to finance priority expenses, to support the most unprotected population of Ukraine, in particular, to ensure priority social and humanitarian expenses, and health care.
Advertising
Advertising
MORE ABOUT
Ukraine, Japan discuss creation of special tribunal for Russian war crimes
09:44, 26.04.2024
Young athletes of the Olympic Dreams project received judogis from All Japan Judo Federation with the participation of the Ambassador of Japan to Ukraine
17:14, 07.03.2024
McFaul-Yermak group’s recommendations taken into account in new sanction package from Japan – Yermak
11:12, 01.03.2024
Shmyhal on outcomes of his visit to Tokyo: Japan should become one of leaders in Ukraine's economic recovery
11:03, 20.02.2024
Japan provides Ukraine with grant of $100 mln under Rapid Recovery Program
10:45, 20.02.2024
LATEST
New EU sanctions will apply to supplies of manganese ore and aluminum oxide to Russia – Latvian authorities
21:07, 03.05.2024
NBU lifts restrictions on import of works, services; introduces other currency concessions
21:01, 03.05.2024
Ukrainian coal could be exported due to shutdown of Centerenergo in Russian heavy shelling – Minister of Energy
19:26, 03.05.2024
NBU requires Getin Holding to sell Idea Bank within six months
10:09, 03.05.2024
DIM company accredits houses under construction in eOselia program