Japan allocated $235 million for Ukrainian education and business
Baku, November 28, AZERTAC
Ukraine has received $235 million in concessional financing from the Government of Japan within the framework of two new World Bank projects to support education and the private sector, according to Ukrinform.
Through the Resilient, Inclusive, and Sustainable Enterprise (RISE) project, Ukraine secured a $130 million loan aimed at addressing critical barriers to the resilience, growth, and sustainable development of the private sector.
An additional $105 million was provided under the Lifting Education Access and Resilience in Times of Need (LEARN) project, which focuses on improving the education process during martial law by creating safe and comfortable conditions for educators and students.
Since February 2022, budget support from Japan via World Bank mechanisms has totaled approximately $6 billion, according to Finance Minister Sergii Marchenko.
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