Central Bank in Ukraine expects two IMF tranches this year

It is assumed that the money will be transferred in May and November.

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The National Bank of Ukraine expects to receive this year two loan tranches from the International Monetary Fund totaling $2.5 billion, acting NBU Governor Kateryna Rozhkova told a Kyiv briefing Thursday.

“We hope that Ukraine will fulfill all its obligations, and this year we will receive a total of $2.5 billion, which we expect to receive in two tranches – in May and November," Rozhkova said.

Read alsoIMF stands ready to continue to support Ukraine but calls to accelerate reforms

As UNIAN reported, the IMF Executive Board approved a new 14-month stand-by facility for Ukraine in the amount of $3.9 billion.

On December 21, 2018, Ukraine received the first $1.4 billion disbursement under the new program.

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