Japan contributes $471 million to the World Bank in support of Ukraine relief efforts

The Government of Japan has announced a grant contribution of $471 million to the World Bank’s Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF) in support of ongoing relief efforts in Ukraine. This contribution is part of a $5.5 billion pledge Japan made in February to help restore destroyed infrastructure and help the people of Ukraine rebuild their lives. Of this pledge, a $5 billion credit enhancement will back World Bank loans to Ukraine in the coming year. “Japan continues to stand by Ukraine and the Ukrainian people,” said Kentaro Ogata, Deputy Vice Minister for International Affairs of the Ministry of Finance of Japan.

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