KIEV (Sputnik) – The IMF approved a four-year program of financial aid to Ukraine in March 2015. Kiev has already received three tranches of aid totaling $7.7 billion under the program, which stipulates the allocation of a $17.5-billion loan to Ukraine to revive the country's economy and requires the implementation of economic reforms.
"The fourth IMF tranche of $1 bilion entered the reserves of the National Bank of Ukraine," Danyliuk said on his Facebook account.
On Monday, the IMF authorized a $1 billion tranche in financial aid to Ukraine as the country’s economy is slowly recovering. At the same time, the IMF stressed in a press release on Tuesday the need to speed up the pace of structural and governance reforms in Ukraine to achieve stronger economic growth.
All comments
Show new comments (0)
in reply to(Show commentHide comment)