KIEV (Sputnik) — On Thursday, the European Commission approved disbursement of 600 million euros of financial assistance to Ukraine.
"Macro-Financial Assistance from the European Union will be allocated just after the IMF tranche," Poroshenko said, as quoted by the Ukraine's Unian news agency.
20 March 2017, 08:13 GMT
On Sunday, the Ukrainian Finance Ministry said that the IMF executive board delayed the third review of its loan program to Ukraine due to the blockade of the war-torn Donbas region by Ukrainian activists, as well as the government's decision to suspend transport connections until a full ceasefire in east Ukraine.
The IMF approved a four-year program of financial aid to Ukraine in March 2015, which stipulates provision of a $17.5-billion loan to revive the country's economy and implementation of economic reforms. Kiev had already received three tranches totaling $7.7 billion and expects to get $5.4 billion in 2017.
