• Phone: +38 0 676 54 03 77

Japan has allocated $ 331 million for the project of development of the financial sector of Ukraine.

Japan has allocated $ 331 million for the project of development of the financial sector of Ukraine.

Posted in News.

Ukraine received $ 331 million from Japan for the project development of the financial sector.
This is stated in the press service of the Ukrainian Ministry of Finance.

Long-term soft loan Ukraine received in the framework of a joint project with the World Bank- “The second loan for development policies of the financial sector.”

Term of funds – 20 years with a 6-year grace period, during which Ukraine will not pay for the loan. The interest rate is Libor + 0.05%, ie less than 1% per annum. Payments are made twice a year.

Loan funds will be directed at improving the efficiency and transparency of the public sector, deregulation and improving the business environment and the overall improvement of the investment climate.

Recall that in early March, Japan has provided Ukraine $ 300 million loan to carry out reforms.

WhatsApp chat