Japan and the World Bank launch projects to support Ukraine worth $1.75 billion

Japan and the World Bank launch projects to support Ukraine worth $1.75 billion

Kyiv  •  UNN

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Japan is supporting Ukraine with two projects: $550 million for agriculture and $1.2 billion for social benefits in cooperation with the World Bank.

With the support of the Japanese government, Ukraine will receive $550 million to finance the agricultural sector and $1.2 billion to finance to finance social benefits. This was announced by Prime Minister Denys Shmyhal at a meeting, reports UNN.

Details

Yes, Shmyhal met with the Ambassador of Japan to Ukraine Kunio Kuroe. with Japanese Ambassador to Ukraine Kuninori Matsuda.

Japan is working to continue supporting Ukraine. He thanked for this personally during a meeting with Ambassador Kuninori Matsuda. During its presidency in the G7, Japan is making every effort to ensure the victory of our country. We highly appreciate the organization of two business missions to Ukraine and assistance in the recovery. We are preparing for the recovery conference in Tokyo in 2024

Shmyhal wrote.

He said that with the support of the Japanese government and the World Bank, we are launching two more important projects:

  • to finance the to finance the agricultural sector in the amount of 550 million dollars.
  • to finance social benefits. In particular, subsidies and payments to IDPs in the amount of $1.2 billion.

We are grateful to the Government of Japan and all Japanese people for their steadfast support of

Shmyhal said.

Addendum

Japan has launched a new programthat recognizes some evacuees, including Ukrainians, as refugees by offering them language classes, assistance in organizing everyday life, and financial support.