Ukraine gets third tranche from IMF

Ukraine gets third tranche from IMF

The International Monetary Fund has allocated the third tranche to Ukraine.

President of Ukraine Petro Poroshenko posted this on his Facebook page.

"I welcome a just taken positive decision of the International Monetary Fund's Executive Board to continue the program of cooperation with Ukraine and to allocate the next tranche of financial aid. For the first time in the history of relations between Ukraine and the International Monetary Fund, we received the third tranche of aid within the framework of the cooperation program," the President wrote.

As noted, the Fund's decision paves the way to U.S. financial aid worth $1 billion and macro-financial assistance worth an additional sum of EUR 600 million from the European Union, other international financial organizations.


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