Ukraine expects country to receive $3 bln from IMF soon, says source

10:58, 04.03.2014 1 min read

Ukraine plans to receive a first tranche of financial aid from the International Monetary Fund (IMF) of near $3 billion, the Bloomberg agency has reported, referring to the source close to the course of negotiations.

The source said that Ukraine, which assesses its own need in funds at $15 billion, could receive a first tranche in coming 10-40 days.

On Monday it was reported that the Mission of the IMF will work in Ukraine from March 4 to March 14, 2014. The mission will come to gather information to assess the current economic situation and discuss reforms in the sphere of economic policy, which could become the basis for the IMF-supported program.