The Daily Populous Friday June 6th, 2025 day edition
Authored by pravda.com.ua and submitted by ahothabeth

Japan will provide Ukraine with a loan exceeding US$3 billion as part of the G7-led Extraordinary Revenue Acceleration (ERA) initiative, funded by profits from frozen Russian assets.

Source: Ukraine’s Ministry of Finance, as reported by European Pravda

Details: On 5 June 2025, Ukraine’s Finance Minister Serhii Marchenko and Hideki Matsunaga, Head of the Japan International Cooperation Agency (JICA) Ukraine Office, signed an agreement for a loan of 471.9 billion yen (approx. US$3 billion).

The financing forms part of the G7’s ERA mechanism, which utilises income from frozen Russian assets to support Ukraine, with a total programme value of about US$50 billion.

The funds will be directed towards priority expenditures in Ukraine’s state budget, supporting economic development and resilience. Finance Minister Marchenko expressed gratitude to the Japanese government and JICA for their unwavering support since the onset of Russia’s war of aggression against Ukraine.

Background: On 18 April 2025, Ukraine’s Finance Minister Serhii Marchenko and Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine Masashi Nakagome signed an agreement on the provision of a loan in the amount of up to 471.9 billion Japanese yen to Ukraine.

Jane_Lame on June 5th, 2025 at 23:33 UTC »

"Japan gives Ukraine a $3 billion loan"

Oh thats cool

"From frozen Russian assets." HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!

SkepticalJohn on June 5th, 2025 at 20:48 UTC »

Japan takes the moral high ground.

Tremenda-Carucha on June 5th, 2025 at 14:04 UTC »

> "Finance Minister Marchenko expressed gratitude to the Japanese government and JICA for their unwavering support since the onset of Russia’s war of aggression against Ukraine."

This kind of international solidarity is exactly what we need more of, Japan's contribution is a significant boost to Ukraine's efforts, especially with that $50 billion G7 program in place. It shows how countries can come together despite differences to support a common cause.