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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
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