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Economy 2018-12-15T05:17:12+02:00
Ukrainian news
IMF Commences Transfer Of Tranche Of USD 1 Billion To Ukraine

IMF Commences Transfer Of Tranche Of USD 1 Billion To Ukraine

The International Monetary Fund has begun transfer of a tranche of USD 1 billion to Ukraine.

Finance Minister of Ukraine Oleksandr Danyliuk announced this on Facebook, Ukrainian News Agency reports.

"The fourth tranche of the International Monetary Fund has come to the reserves of the National Bank of Ukraine," he wrote at first, but later he deleted the post.

He wrote instead that the International Monetary Fund has begun to transfer the tranche.

Thus, the international reserves of the National Bank of Ukraine have grown to USD 16.1 billion.

As Ukrainian News Agency earlier reported, Ukraine hopes for eight more tranches worth USD 8.285 billion from the International Monetary Fund under the EFF (Extended Fund Facility) program before late 2018.

On March 11, 2015, the International Monetary Fund approved the crediting program for economy of Ukraine using the EFF (Extended Fund Facility) program worth the total of USD 17.5 billion for the period of four years.

The first tranche worth USD 5 billion was received in March 2015, the second one worth USD 1.7 billion in August 2015, the third one worth USD 1 billion in September 2016 and the fourth tranche for USD 1 billion was received in April 2017.

Больше новостей о: IMF Ukraine tranche NBU Danyliuk international reserves

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