Minister Kubiv: Ukraine to receive next IMF tranche in July

Minister Kubiv: Ukraine to receive next IMF tranche in July

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Ukrinform
Ukraine will receive a third tranche from the International Monetary Fund (IMF) in the middle of summer, according to Ukrainian First Vice Prime Minister, Economic Development and Trade Minister Stepan Kubiv.

“This, the de facto receipt of money, will take place in the middle of summer,” Kubiv told journalists, an Ukrinform correspondent reports.

A reminder that last week Gerry Rice, Director of the IMF's Communications Department, said that the IMF's Executive Board said it would reconsider possible allocation of a $1.7 billion tranche under the Extended Credit Facility programme in July. 

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