Ukraine’s state budget received $952.4 million from Japan as part of World Bank projects, as reported by Ukraine’s Ministry of Finance. The funds will be used to reimburse the expenditures of the state budget of Ukraine in the field of recovery and social assistance.
“The funding consists of a grant from Japan in the amount of $52.4 million. The funding consists of a $52.4 million grant from Japan under the Housing Opportunities for People’s Empowerment (HOPE) project and a USD 900 million loan from the Government of Japan under the Investing in Social Protection for Improved Reach, Resilience and Efficiency (INSPIRE) project,” the Ministry wrote.