According to a statement from Ukraine’s Ministry of Finance, the $3 billion loan will be serviced and repaid using future proceeds generated from frozen Russian assets.
The financing will be provided over a 30-year term. The funds will be allocated to support Ukraine’s priority budgetary needs and contribute to national recovery and development efforts.
Finance Minister Serhii Marchenko emphasized that the agreement will help cover Ukraine’s urgent fiscal needs and further demonstrates Japan’s commitment to shared democratic values.
He also noted that over the past three years, Japan has provided more than $8.5 billion in budgetary support to Ukraine, which has been critical for maintaining the country’s economic and financial stability.
