IMF Transfers Third Tranche Of USD 1 Billion To Ukraine

The International Monetary Fund has transferred to Ukraine the third tranche of USD 1 billion.

The press service of the National Bank of Ukraine told this to Ukrainian News.

On September 15, National Bank of Ukraine Governor Valeria Hontareva said she expected the arrival of the tranche from the International Monetary Fund on September 16.

The NBU governor specified that a part of the tranche would be in SDR and the remaining part in money.

As Ukrainian News Agency earlier reported, the International Monetary Fund on September 14 adopted a decision to allocate USD 1 billion for Ukraine as the third tranche within the Extended Fund Facility Program.

Initially it was planned that the third tranche will make USD 1.7 billion and it was supposed to be allocated to Ukraine in 2015.

The Ukrainian authorities announced then that the International Monetary Fund would adopt a decision on allocation of the third tranche in June 2016.

For Ukraine's failure to meet all conditions the International Monetary Fund cut the third tranche from USD 1.7 billion to USD 1 billion.