Ukrainian authorities could this week send the updated Memorandum of Economic and Financial Policies in the framework of the Extended Fund Facility (EFF) program to the International Monetary Fund (IMF), which will enable the fund within two or three weeks to consider the issue to Kyiv of the third tranche in the amount of SDR1.18 billion ($1.63 billion), Head of the National Bank of Ukraine (NBU) Valeriya Gontareva has said.

"I hope we will send the memorandum this week," she said at a meeting with the European Business Association (EBA) in Kyiv.

Gontareva noted that the recent discussion of the draft memorandum with the IMF management in Davos, which was also attended by Ukrainian President Petro Poroshenko and Finance Minister Natalie Jaresko, showed that "everything is normal."

The four-year EFF program for Ukraine totaling SDR12.348 billion (about $17 billion), opened by the IMF in March 2015, originally foresaw quarterly revisions of the program, the issue of four tranches to Kyiv in 2015, another four in 2016. However, at present the country has received only the first tranche of funds for $5 billion and the second one worth $1.7 billion.