Espreso. Global

Ukraine attracts $118 million from Japanese Government for healthcare and recovery

1 April, 2024 Monday
12:48

The state budget of Ukraine has received $118 million in non-refundable loans from the Government of Japan under the World Bank's Health Enhancement And Lifesaving for Ukraine (HEAL Ukraine) and Housing Repair for People's Empowerment (HOPE) projects

Ukraine’s Ministry of Finance reported the information.

It noted that the money under the HEAL and HOPE projects will help the Ukrainian government expand the range of healthcare services and access to them, as well as overcome the consequences of Russia's armed aggression and rebuild Ukraine's housing infrastructure.

The grant funding from the Government of Japan includes $70 million under the World Bank's HEAL Ukraine project to support the state budget as reimbursement for expenditures under the medical guarantee program.

Another $48.2 million under the HOPE project will be used to reimburse state budget expenditures used to compensate homeowners for repairs in apartment and private buildings that need minor and medium repairs.

  • In March 2024, the Ministry of Finance of Ukraine attracted about $9 billion in external financing from international partners.

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