Ukraine has received about $1.2 billion from Japan through the World Bank: what projects
Kyiv • UNN
Ukraine has received about $1.2 billion from Japan through World Bank projects. The funds will be used for social protection, economic recovery, healthcare, and education.
In two months, Ukraine has received about $1.2 billion from Japan through World Bank projects. The funds will be used for social protection, reconstruction, private sector development, healthcare, and education, Prime Minister Denys Shmyhal said on Telegram on Thursday, UNN reports.
Details
"Ukraine has received about $1.2 billion from Japan through World Bank projects. The funds were received in November-December and were directed to projects in the social, medical, and educational spheres, as well as to restore and support business," Shmyhal said.
In his words:
- USD 602 million was provided under the INSPIRE project to ensure social protection for low-income and vulnerable populations.
- 400 million under the SURGE program to finance Ukraine's recovery and resilience.
- 250 million under the RISE project for private sector development.
- 220 million as part of the THRIVE project to increase the efficiency of public health spending.
- 200 million - LEARN project to build a safe and comfortable educational environment.
He expressed his gratitude to Japan and the World Bank "for their continued involvement in the strengthening and development of Ukraine.
