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Japan Table of Contents

Japan

Foreign Aid Institutions

Japan has three government institutions involved in disbursing foreign aid: the Japan International Cooperation Agency (JICA), the Overseas Economic Cooperation Fund (OECF), and the Exim Bank. JICA is responsible for technical cooperation; the OECF is responsible for soft loans; and the Exim Bank has not only a trade-financing role but also has become increasingly involved in lending for aid programs. The Exim Bank, for example, was the government agency chosen to carry out US$10 billion in cofinancing with the World Bank (see Glossary) and the International Monetary Fund (IMF--see Glossary) in the 1989 Brady Plan for partial relief of Mexico's international debt.

Data as of January 1994