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Japan to increase financial assistance to Ukraine

Nov 29, 2024

The Japanese government intends to add 1.122 trillion yen ($7.46 billion) to its fiscal investment and loan program for the current fiscal year, including support for Ukraine by the G7 countries.

This was reported by RBC-Ukraine with reference to Reuters.

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The agency cites a draft document.

In June, the leaders of the Group of Seven countries agreed to provide Kyiv with a $50 billion loan, partially financed by interest earned from Russian assets confiscated after the full-scale invasion in February 2022.

Earlier, Japan provided $3 billion to Ukraine as part of a $50 billion G7 initiative to be repaid from the proceeds of Russia's frozen assets.

Author - Dmitriy Levchenko, 29/11/2024

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