Marchenko discusses financial support for Ukraine with Deputy Minister of Finance of Japan
Kyiv • UNN
Minister of Finance of Ukraine Sergii Marchenko met with Deputy Minister of Finance of Japan Masato Kanda to discuss financial cooperation.
Minister of Finance of Ukraine Sergii Marchenko held an online meeting with Deputy Minister of Finance of Japan for International Affairs Masato Kanda. This is reported by the press service of the Ministry of Finance of Ukraine, UNN reports.
Details
The parties discussed cooperation between Ukraine and Japan in the financial sector, as well as the needs of the Ukrainian state budget in 2024.
In 2023, Japan became the third largest donor of financial assistance to Ukraine, with about USD 3.6 billion. I am grateful to the Government of Japan for its steadfast position and understanding of Ukraine's needs, as well as for its leadership in supporting Ukraine during Japan's G7 presidency in 2023
In his turn, Masato Kanda noted that Japan will continue to provide timely budget support to Ukraine.
It was also emphasized that Ukraine continues to implement all necessary structural reforms and fulfill its obligations under the 4-year IMF Program (Extended Fund Facility).
Recall
IMF communications director Julie Kozak said that this year Ukraine will need about $42 billion in funding, including official donor support of about $32 billion.