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20. Japan's Assistanceto Asia


(1) Japan's Bilateral Assistancein IMF-led Support

  • Thailand : $ 4 billion (August1997, Untied Loan of the Export-Import Bank of Japan)
  • Indonesia : $ 5 billion (November1997, The Second Line of Defense)
    [Disbursement of $ 1 billion out of $ 5 billion ahead of scheduleannounced on April 8, 1998 to facilitate trade finance]
  • South Korea : $ 10 billion (December1997, The Second Line of Defense)

(2) Contributions through MDBs(Japan Special Funds) (announced on April 3, 1998)

The World Bank :approximately $ 11.5million (1.5 billion yen)

The Asian Development Bank :approximately$ 11.5 million (1.5 billion yen)



(3) Japan's Bilateral Assistanceother than (1)

  • Loans of the Export-Import Bank of Japan :approximately $2.5 billion (= Total 300 billion yen) [including Two-Step Loanto Thailand: $ 600 million)
  • Trade Insurance : approximately $ 13 billion (actual resultin 1996, continue provision of Short-Term Insurance)
    $ 1 billion (Thailand)(Overseas United Loan Insurance)
    $ 1 billion (Indonesia)(ditto)
  • Yen Loans to support structural adjustment : approximately$ 580 million (= 70 billion yen) (Indonesia)
  • Urgent Grant to supply medical items and powdered milk : $33 million(= 4 billion yen) (Indonesia)

(4) Assistance to Asia in Japan'sComprehensive Economic Measures (Announced on April 24, 1998)

: approximately 700 billion yen(=approximately $ 5.4 billion)

  • Including approximately 650 billion yen

the Export-Import Bank of Japan'ssupport.(Including $ 1 billion Two-Step Loan of the Export-ImportBank of Japan to Indonesia.)

Japan' s TotalCommitment
= Approximately $ 42 billion


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