Economy

Japan allocates $95 mln for Ukraine's restoration

The Government of Japan has allocated $95 million for the work of the government and the restoration of Ukraine, the Ministry of Communities, Territories and Infrastructure Development reported.

The document was signed by Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine Kuninori Matsuda and UNDP Assistant Administrator, UNDP Regional Director for Europe and the CIS Ivana Živković with the participation of Deputy Prime Minister and Minister for Reconstruction of Ukraine Oleksandr Kubrakov.

These funds will be directed to the United Nations Development Programme (UNDP) under a partnership agreement.

"While the Armed Forces of Ukraine are liberating the territories from the occupiers, the government, together with international partners, is working on the implementation of 'survival projects': restoring transport links with the liberated regions, creating conditions for the return of citizens to their homes, supporting the economy in the regions," the Ministry of Communities, Territories and Infrastructure Development reported.

The Ukraine Assistance Program focuses on five key areas:

Earlier, in April 2022, Japan had already allocated $4.5 million for emergency clearance of explosive ordnance and rubble.

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