Ukrainian finance chief hails Japan as nation assumes role as Kyiv’s top aid provider in 2024

Minister of Finance of Ukraine Sergii Marchenko with Minister of Finance of Japan Shun'ichi Suzuki
Minister of Finance of Ukraine Sergii Marchenko with Minister of Finance of Japan Shun'ichi Suzuki

Japan became the largest donor of financial assistance to Ukraine in 2024, providing $436 million in concessional and grant funding to the state budget, Finance Minister Sergii Marchenko announced on Facebook on Feb. 20 following the visit of the Ukrainian delegation to Tokyo.

"Overall, in the first quarter, budgetary assistance from Japan will amount to about $2.2 billion," Marchenko wrote, noting that he had held talks with Japanese Finance Minister Shun'ichi Suzuki.

Read also: Japan to contribute $37 million to NATO trust fund for drone detection systems in Ukraine

The Japan International Cooperation Agency (JICA) is also allocating a $100 million grant for projects to overcome the consequences of Russian aggression on transport and critical infrastructure, as well as for humanitarian demining.

Japanese Foreign Minister Yōko Kamikawa visited Ukraine on Jan. 7 to hold a series of meetings, including with Ukrainian Foreign Minister Dmytro Kuleba. She also traveled to the war-torn Kyiv suburbs of Bucha and Irpin during her visit.

Read also: Japan is ready to provide $4.5 billion for the reconstruction of Ukraine

Kamikawa announced at a press conference that Japan would contribute $37 million to a NATO trust fund for drone detection systems in Ukraine.

The Japanese diplomat also met with Ukrainian President Volodymyr Zelenskyy.

Ukrainian Prime Minister Denys Shmyhal said on Feb. 2 that the total amount of financial assistance Ukraine has received from Japan exceeds €4.5 billion ($4.86 billion). Japan ranks fourth among all Ukraine's partners.

Japan provided Ukraine with "ground armor" to protect critical infrastructure on Feb. 12.

Japanese Foreign Minister Yōko Kamikawa said on Feb. 18 that Tokyo would provide long-term support to Ukraine and seek help from the private sector.

We’re bringing the voice of Ukraine to the world. Support us with a one-time donation, or become a Patron!

Read the original article on The New Voice of Ukraine