Third tranche for Ukraine to be approved considering next payment schedule

11:59, 07.06.2016 1 min read

The sum of the third tranche of the loan provided by the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program willbe approved at a meeting of the IMF Board of Governors, taking into account the next payment schedule, IMF Resident Representative Jerome Vacher said at a roundtable in Kyiv on Tuesday.

Vacher said that the meeting could be held early July.

He recalled that $6.6 million of financing has been provided to Ukraine as part of the four-year EFF program opened for Ukraine in March 2015. The total volume of the program is SDR 12.348 billion (around $17 billion).