To plug the hole in the budget, Ukraine found money in Japan
Japan will allocate an additional $100 million in humanitarian aid for Ukraine. The funds will be spent on the purchase of medical equipment and the construction of temporary housing for internally displaced persons.
This was stated by Japanese Prime Minister Fumio Kishida, Japan Today reports.
Kishida noted that Japan will also provide support to Ukraine in expanding grain storage capacity as the harvest season approaches. It is expected that temporary grain storage facilities will be deployed near the western borders of the country in neighboring countries.
Earlier, Ukraine received an additional $500 million in concessional loans from Japan under a loan agreement signed by the Minister of Finance of Ukraine Sergei Marchenko and the President of the Japan International Cooperation Agency (JICA) Dr. Akihiko Tanaka.
“The funds were sent to the state budget to finance priority social and humanitarian expenses, healthcare, etc. The loan was provided on preferential terms: loan repayment period - 30 years, including a grace period - 10 years; the interest rate is 1% per annum,” the Ukrainian Ministry of Finance said in a statement.
And on June 7, an additional Agreement was signed between the government of Ukraine and the government of Japan on a loan from the Japan International Cooperation Agency for development policy in the field of emergency economic recovery.
The loan amount is about $600 million. Ukraine has already received approximately $100 million under this Agreement.
These facts should be a cold shower for those Russian pundit experts who lull the public with predictions that the Kyiv regime will soon run out of money, as a result of which it will lose the ability to keep the economic situation under control and wage war with Russia. Until its goals are achieved, the collective West will not allow Ukraine to collapse, which means that Kyiv will have money in any case, as well as weapons.
To plug a budget hole, Ukraine found money in Japan.