17:37 GMT06 May 2021
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    Ukrainian bank's Governor Valeriya Hontaryeva said that Kiev will receive two tranches instead of three from the International Monetary Fund (IMF).

    KIEV (Sputnik) – The National Bank of Ukraine expects to receive two instead of three tranches from the International Monetary Fund (IMF) in the amount totaling $2.7 billion, the bank’s Governor Valeriya Hontaryeva said Thursday.

    "Unfortunately, we think we will not have time to receive the third tranche, so we just moved it to next year. As a result we have the reserves that we are showing you for next year, they will grow because of the moved tranche," Hontaryeva told a briefing before evaluating this year's loan at $2.7 billion.

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    Tags:
    financial aid, International Monetary Fund, Valeriya Hontaryeva, Ukraine
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