[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110102-en":3,"doc-seo-110102-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},110102,687197100911,"Himbo","https://ap-avatar.wpscdn.com/avatar/a000239b6f1da00475?x-image-process=image/resize,m_fixed,w_180,h_180&k=1785132997149421697",8,"Research & Report","Statement by H.E. Shunichi Suzuki - 107th Meeting of the Development Committee - April 12, 2023","Japan’s statement at the 107th Development Committee meeting reiterates its strongest condemnation of Russia’s war of aggression and stresses its incompatibility with international rule-of-law principles. It highlights Japan’s support for Ukraine, including yen loans and grants, credit enhancement enabling IBRD financing, and contributions that mobilize private capital. The statement also outlines Japan’s expectations for the World Bank Group’s evolving role amid climate and pandemic crises, emphasizing knowledge services, incentives for mobilizing private and domestic finance, and proposals on capital adequacy and lending limits.","Public Disclosure Authorized Public Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee  \nof the  \nBoards of Governors ofthe Bank and the Fund  \non the  \nTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND SEVENTH MEETING WASHINGTON, DC – APRIL 12, 2023  \nDC/S/2023-0009 April 12, 2023  \nStatement by  \nH.E. Shunichi Suzuki Minister of Finance  \nJapan  \nStatement by  \nH.E. Shunichi Suzuki  \nMinister of Finance  \nJapan  \n107th Meeting of the Development Committee  \nApril 12, 2023  \nWashington, DC  \n1. Introduction  \nJapan reiterates its strongest condemnation against Russia, which has continued a war of aggression for over a year. We again stress that this war goes diametrically against the principle of the rule of law in the international community and is absolutely intolerable.  \nI would like to express my deep respect for President Malpass, who has announced his intention to step down from his position by the end of June. Japan appreciates his outstanding leadership during the time the world has faced unprecedented multiple crises, including the COVID-19 pandemic, debt issues, and Russia’s aggression against Ukraine.  \n2. Support to Ukraine  \nContinued Russia’s illegal, unjustifiable, and unprovoked aggression has been causing further devastating damage to Ukraine. Japan appreciates the World Bank Group (WBG)’s agile and scalable support to Ukraine and expects the WBG to continue undertaking a central role.  \nLast year, Japan provided a yen loan equivalent to US$600 million as parallel financing to the International Bank for Reconstruction and Development (IBRD)’s financial support for Ukraine. This year, Japan contributed approximately US$500 million in grants to the Ukraine Relief, Recovery and Reconstruction Trust Fund (URTF). Furthermore, the enactment of the relevant bill on April 7th, enables Japan to join the credit enhancement scheme, and with Japan's credit enhancement, the IBRD is now equipped with the ability to provide $5 billion loans to Ukraine. Japan expects the IBRD to promptly implement its financing through this credit enhancement and looks forward to participation of other countries in this scheme.  \nIn order to fulfill the potentially huge financial needs for reconstruction of Ukraine, it is essential to mobilize private capital in addition to donor funding, and the role of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) is important as well. In this regard, Japan has made the inaugural contribution of $23 million to MIGA's “Support for Ukraine’s Reconstruction and Economy (SURE) Trust Fund”. Also, we amended the Japan Bank for International Cooperation (JBIC) Act to enable guarantees for loans to private sector in Ukraine provided by the IFC or other International Financial Institutions (IFIs) . With these initiatives, Japan is committed to supporting Ukraine's reconstruction by utilizing private capital as well.  \nFurthermore, to support the host countries of refugees, Japan provided a concessional yen loan to IBRD to enable additional grant contribution of $83 million to “Global Concessional Financing Facility (GCFF)” by using interest rate swaps and other means. Of this amount, approximately $17 million is expected to be used to reduce the interest rate payment of Moldova to IBRD loan, which hosts a large number of Ukrainian refugees. In addition, parallel with the IBRD loan, Japan has decided to provide a yen loan of approximately $100 million to Moldova.  \n3．WBG Evolution  \nWhile the world is facing multiple crises, the role that Multilateral Development Banks (MDBs) should play, including the WBG, has become more important. Addressing global challenges such as climate change and pandemics is now an essential part to achieve the goals of “ending extreme poverty” and “promoting shared prosperity”, while also \"leaving no one behind\" for current and future generations. In this context, Japan commends the WBG Ma","cbCaiirYt7yltBro","https://ap.wps.com/l/cbCaiirYt7yltBro","pdf",240390,4,1,5,"English","en",105,"# 1. Introduction\n# 2. Support to Ukraine\n# 3. WBG Evolution","[{\"question\":\"What position does Japan reiterate regarding Russia’s actions?\",\"answer\":\"Japan reiterates its strongest condemnation of Russia’s war of aggression, describing it as contrary to the principle of the rule of law in the international community and absolutely intolerable.\"},{\"question\":\"How is Japan supporting Ukraine through the World Bank Group?\",\"answer\":\"Japan provides financing through yen loans and grants, including parallel financing to IBRD and contributions to Ukraine-related trust funds. It also supports mechanisms such as credit enhancement to enable larger IBRD lending and uses guarantees and interest-rate related arrangements to broaden support.\"},{\"question\":\"What does Japan emphasize about the World Bank Group’s future role?\",\"answer\":\"Japan stresses the importance of WBG evolution to address global challenges like climate change and pandemics, including strengthening vision and operating and financial models. It highlights knowledge services, incentives aligned with country circumstances, and policy directions on capital adequacy and statutory lending limits.\"}]","Statement by H.E. Shunichi Suzuki - 107th Meeting of the Development Committee - April 12, 2023 | PDF",1784483907,13,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":29},"statement-by-he-shunichi-suzuki-107th-meeting-of-the-development-committee-april-12-2023","",{"@graph":37,"@context":86},[38,54,69],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,52],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":51},"https://docshare.wps.com/document/research-report/",3,{"item":53,"name":13,"@type":44,"position":20},"https://docshare.wps.com/document/statement-by-he-shunichi-suzuki-107th-meeting-of-the-development-committee-april-12-2023/110102/",{"url":53,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":24,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":42,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-07-30","2026-07-19",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What position does Japan reiterate regarding Russia’s actions?","Question",{"text":76,"@type":77},"Japan reiterates its strongest condemnation of Russia’s war of aggression, describing it as contrary to the principle of the rule of law in the international community and absolutely intolerable.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"How is Japan supporting Ukraine through the World Bank Group?",{"text":81,"@type":77},"Japan provides financing through yen loans and grants, including parallel financing to IBRD and contributions to Ukraine-related trust funds. It also supports mechanisms such as credit enhancement to enable larger IBRD lending and uses guarantees and interest-rate related arrangements to broaden support.",{"name":83,"@type":74,"acceptedAnswer":84},"What does Japan emphasize about the World Bank Group’s future role?",{"text":85,"@type":77},"Japan stresses the importance of WBG evolution to address global challenges like climate change and pandemics, including strengthening vision and operating and financial models. It highlights knowledge services, incentives aligned with country circumstances, and policy directions on capital adequacy and statutory lending limits.","https://schema.org",{"og:url":53,"og:type":88,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":90,"canonical":53},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":93},[94,98,102,106,110,115,120,123,128,131,135],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":95,"show_sort_weight":96,"slug":97},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":99,"show_sort_weight":100,"slug":101},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":103,"show_sort_weight":104,"slug":105},"Exam",70,"exam",{"id":22,"doc_module":4,"doc_module_name":47,"category_name":107,"show_sort_weight":108,"slug":109},"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":47,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":47,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":47,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":47,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":47,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":47,"category_name":137,"show_sort_weight":22,"slug":138},19,"General","general"]