Japan is the third largest donor of financial aid to Ukraine: in 2023, the budget received $3.7 billion - Ministry of Finance

Japan is the third largest donor of financial aid to Ukraine: in 2023, the budget received $3.7 billion - Ministry of Finance

Kyiv  •  UNN

December 27 2023, 03:43 PM • 28429 views

In 2023, Japan provided $3.7 billion in aid to Ukraine, ranking third among the largest donors.

Japan is the third largest donor of financial aid to Ukraine. of financial assistance to Ukraine. In 2023, this country provided 3.7 billion USD to the state budget of Ukraine. Ukraine's state budget of $3.7 billion, including both concessional financing and grants. This was reported by the press service of the Ministry of Finance, UNN reports .

In 2023, Japan will be one of the largest donors in terms of funding aimed at strengthening the country's budgetary system in times of war. I am grateful to the Government of Japan for its unprecedented and large-scale support, as well as for its leadership in consolidating attention to Ukraine's needs during Japan's G7 presidency in 2023. Since the beginning of the full-scale Russian invasion, Japan has provided financial assistance to Ukraine in the amount of about USD 4.2 billion, including project financing

- Minister of Finance of Ukraine Sergii Marchenko emphasized.

Details

It is noted that funding from Japan has helped to support the social sector, the restoration of damaged critical infrastructure, healthcare health and education.

Recall

As UNN previously reported , Japan has increased its military budget for 2024 to $ 56 billion, which is 16.5% more than in 2023, amid fears of military expansion by China and Russia. The budget will allow financing the modernization of defense technologies, including hypersonic missiles and Aegis destroyers.

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