Ukraine received a $1.5 billion loan from Britain and Japan

Ukraine received a $1.5 billion loan from Britain and Japan

Ukraine has received US$1.5 billion in Growth Foundations Development Policy Loan (DPL) from Japan and the UK through the World Bank.

This was reported by the press service of the Ministry of Finance of Ukraine.

Funding consists of:

• 984 million US dollars guaranteed by the Government of Japan through the World Bank Trust Fund (ADVANCE Ukraine).
• US$516 million UK guarantee.

$1.4 billion has already gone into the general fund of the state budget. In order to reduce the cost of servicing Ukrainian credit obligations, the program provides for the capitalization of interest on Japanese funds in the amount of 99.54 million US dollars.