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Reuters
Reuters
Politics

Japan pledges to mobilise $1 billion to help nations around Ukraine accept refugees

Shunichi Suzuki Ukraine Japan G7
Japan's Finance Minister Shunichi Suzuki delivers a speech at the G7 High-Level Corporate Governance Roundtable in Niigata on May 11, 2023. KAZUHIRO NOGI/Pool via REUTERS

Japan will unveil a plan on Thursday to mobilise $1 billion to help countries surrounding Ukraine accept refugees from the war-torn country, Finance Minister Shunichi Suzuki said on Thursday.

The funding would be provided via the state-owned Japan Bank for International Cooperation (JBIC), which typically offers assistance in the form of lending, guarantees and equity investment.

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