Ukraine plans to get $8-10 bln from partners in 2016, including four IMF tranches worth $5.8 bln - Jaresko

18:14, 10.02.2016 1 min read

The Ukrainian Finance Ministry has confirmed the plan to raise $8-10 billion in financial assistance from external creditors in 2016, including $5.8 billion from the International Monetary Fund (IMF).

"We plan to obtain $8 billion or $10 billion for budget and investment needs this year, including $5.8 billion from the IMF (four tranches), $1 billion from the United States (this is the guarantee for the issue of our eurobonds), another $1.2 billion from Japan, Switzerland and the EU within the framework of the existing macro-financial assistance, some more funds from Poland, Germany, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank and the World Bank," Finance Minister Natalie Jaresko said at a meeting of the Verkhovna Rada committee on economic policy in Kyiv.

She noted that part of the said amount, including loans from the EBRD, Germany's KfW, the World Bank and Poland, will be used directly for financing investment projects rather than funding the budget or replenishing the reserves.