Ukraine’s central bank suggests when Kyiv may get next IMF tranche

REUTERS

"Mission’s arrival could be in late January, program review – in February-March. The tranche is possible in the second quarter," Smolii said.

As UNIAN reported earlier, in March 2015, the IMF approved a four-year lending program for the Ukrainian economy, the Extended Fund Facility, worth US$7.5 billion.

Read alsoUkraine repays almost $1.3 bln to IMF in 2017Within the EFF framework, Ukraine has already received four tranches from the IMF totaling $8.7 billion. The allocation of the next tranche was expected in September. However, Ukraine has not fulfilled the mandatory conditions for the program revision, including the adoption of laws on pension reform and privatization, as well as on the anti-corruption court.