Ukraine expects $8.87 bln from donors in 2016

Ukraine expects to receive $8.87 billion in assistance from international financial institutions and donors in 2016, according to the information materials distributed to journalists during a final press conference of Governor of the National Bank of Ukraine Valeriya Gontareva in Kyiv on December 29.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

In particular, $4.58 billion will be provided by the International Monetary Fund, Ukraine's key creditor. The World Bank's financing will be $210 million, while financial aid from the European Union may reach $1.55 billion, as well as $1 billion in U.S.- guaranteed eurobonds. Other funding is projected at $1.53 billion.

The NBU reported that Ukraine in 2015 received $11 billion under the IMF's Extended Fund Facility (EFF) and related official financing by partner countries and international organizations. Ukraine also agreed in 2015 on forex swaps with China, Sweden and Poland to the tune of $3.8 billion.

As UNIAN reported earlier, the IMF on March 11, 2015, approved the EFF worth $17.5 billion in total for four years. The first tranche worth $5 billion under the new program arrived on March 13, the second tranche worth $1.7 billion was provided on August 4.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!