11:59 07.06.2016

Third tranche for Ukraine to be approved considering next payment schedule

1 min read
Third tranche for Ukraine to be approved considering next payment schedule

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).

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