The Cabinet of Ministers of Ukraine has agreed to attract almost three billion dollars from Japan, which will be aimed at financing the priority budget expenditures of the country. Prime Minister Denis Shmigal reported this in the telegram following the meeting of the Government, which took place on May 30.
According to Shmigal, these funds are provided with income from frozen assets of Russia, and their receipt will be an important support for Ukraine in difficult conditions of war and economic instability.
“In extremely difficult conditions, Ukraine retains macro -financial stability. Today we make a decision to raise funds from Japan. It is almost $ 3 billion in revenues from Russian frozen assets to finance priority budget expenditures of Ukraine, ”the Prime Minister said.
These resources are planned to help ensure stability in the country and support key areas of economy that have suffered significant losses due to war. The Government emphasizes the importance of continuing international support for the successful restoration of Ukraine.
In addition, Shmigal recalled an agreement with the International Monetary Fund (IMF) on the eighth revision of the cooperation program. After approval of the relevant decision, the Executive Board of the Fund Ukraine expects a new tranche of about $ 500 million.
Involvement of such significant financial resources from Japan and the support of the IMF testify to the trust of the international community in Ukraine and its ability to carry out reforms and effectively use the assistance received. This is an important step to ensure the economic stability of the country in the difficult war period and preparation for further recovery.
