National Bank governor expects IMF decision on $1 bln tranche for Ukraine under EFF program in July

14:58, 23.06.2016 1 min read

The Ukrainian National Bank is expecting the International Monetary Fund (IMF) Board to make a decision on another tranche of $1 billion for Ukraine under the EFF program at its meeting in July, Ukrainian National Bank Governor Valeriya Gontareva said at a press conference in Kyiv on Thursday.

"The IMF Board of Governors will meet in July; the precise date has yet to be announced. The next tranche we are expecting to receive will reach $1 billion," she said, adding that a memorandum with the IMF had not been signed.

Gontareva added that the sum to be assigned for capitalization of banks was not specified in the document.