Japan signs 13 bilion yen loan deal to rescue Ukraine economy

Kyodok -- May 17

Japan signed a 13 billion yen ($100 million) loan agreement with Ukraine Monday, offering financial assistance as the country faces an economic crisis due to Russia's invasion.

The aid will be co-financed with the World Bank and incorporated into the Ukrainian government's budget, the Japan International Cooperation Agency said. Ukraine will not use the funds for military purposes. ...continue reading