This was announced by Ukrainian Prime Minister Arseniy Yatseniuk on the air of Channel 1+1.
"I want to be cautious, yet cold-minded at the same time in the issue of the monetary and exchange rate policy. This is the National Bank's remit, and everyone should be responsible for own [tasks]. But we've held talks with the IMF and received the first $5 billion. It is now in the reserves, and the other part is in the government's reserves. It is designed for external payments. We have stabilized the exchange rate," Yatseniuk said.
"However, much depends on the military situation, on what's going to happen in the east. If the situation becomes stable, this will have a positive impact on the economy," he added.
As UNIAN reported, Ukraine and the IMF on March 11 gave the green light for a four-year Extended Fund Facility program worth $17.5 billion. On March 13, Ukraine received the first tranche worth $5 billion under the program.
