Ukraine has received grant aid from Japan and Norway

Ukraine has received 760m dollars from Japan and Norway on a non-refundable basis. The funds will be used to compensate state budget expenditures and not only. This was reported by the press service of the Ukrainian Finance Ministry.

In particular, Ukraine received: 465 million dollars from Japan; and 295 million dollars from Norway.

The funds will be used for:

• Compensation of expenditures of the State Budget of Ukraine, not related to the sphere of security and defense;

•  on pension payments;

• payments to employees of the State Emergency Situations Service;

• payment for the labor of teachers.

"Since the beginning of the full-scale invasion, the governments of Japan and Norway have repeatedly demonstrated their strong support and solidarity to Ukraine. The assistance of international partners is critical for financing Ukraine's social sphere during the war. I am grateful to the partners for their willingness to help and actively cooperate at a crucial time for Ukraine," said Finance Minister Serhiy Marchenko.

In 2024, Ukraine has already received about 1.2 billion dollars of external financial assistance from donors through World Bank projects. Almost 75 percent of them are grants.

Author - Serhii Kolomiets, 29/02/2024