IMF could discus new tranche for Ukraine in JulyStaff Writer | July 19, 2016
Ukrainian Finance Minister Oleksandr Danyliuk has said that there is likelihood that the directors of the International Monetary Fund (IMF) could discus the new tranche for Ukraine in July.
Ukraine $4.3 billion could be received by late 2016
Danyliuk said that only technical issues are left in the negotiations between Ukraine and the IMF.
He said that if Ukraine's issue is not settled in July, the board could discuss it at once after their vacation in late August.
"We have a preliminary plan for the IMF: this is $4.3 billion in three tranches, and we seek to receive all three tranches," the minister said.
Danyliuk added that Ukraine's reforms would be assessed for receiving all the tranches. This will become a positive signal for other international financial institutions and foreign investors. ■