Society | Apr 29

Ukraine and Japan sign agreement on $100 mln loan - Ministry of Finance

Apr 29 (interfax.com.ua) - Ukraine and Japan have signed an agreement on a $100 million loan for 30 years at 1% per annum with a grace period of 10 years, the Ministry of Finance reported.

"Today, April 28, 2022, an agreement was signed between the government of Ukraine and the government of Japan on a loan from the Japan International Cooperation Agency for development policy in the field of emergency economic recovery and a grant to strengthen the healthcare and medicine system in Ukraine," the ministry said in a release on Thursday.

The Japanese government will provide Ukraine with a $100 million loan on favorable terms.

The matter concerns budgetary support to stabilize the situation in Ukraine, in particular, to ensure priority social, humanitarian, health care costs, support for internally displaced persons and other priority costs.

A grant of approximately $2.3 million will be used to purchase medical equipment.


MORE Society NEWS

Osaka City has issued an administrative order to stop feeding pigeons and crows following continuous complaints about droppings and noise.

The biannual Spring Garden Party, hosted by the Emperor and Empress, took place at Tokyo's Akasaka Imperial Garden on Tuesday, with Princess Aiko gracing the event, warmly engaging with the guests.

Pop singer Kyary Pamyu Pamyu has taken to social media to share the excitement of her first pregnancy.

POPULAR NEWS

Major American IT companies like Microsoft and Oracle have announced substantial investments totalling 4 trillion yen ($26 billion) in data centers in Japan, sparking concerns about digital sovereignty and AI development.

A former host admitted to knowingly receiving approximately 25 million yen that had been deceitfully obtained by convicted scammer "Riri-chan," in a trial held on April 23.

A cherry tree located at one of Kyoto's busiest pedestrian streets, Sanneizaka, a main pathway to Kiyomizu Temple, suddenly fell at 11:45 AM on Tuesday, trapping a school teacher beneath.

The biannual Spring Garden Party, hosted by the Emperor and Empress, took place at Tokyo's Akasaka Imperial Garden on Tuesday, with Princess Aiko gracing the event, warmly engaging with the guests.

The site of the former Tsukiji Market is set for a major transformation, including a stadium with a capacity of 50,000 people and a launch pad for flying cars.

FOLLOW US