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IMF transferred its third tranche for Ukraine
17:51, 16 September 2016
IMF transferred its third tranche for Ukraine

This tranche will be directed at increasing the international reserves of the National Bank

17:51, 16 September 2016

dpchas.com.ua

The International Monetary Fund transferred 1 billion dollars of the third tranche to Ukraine today. This was reported by "Ukrainian News" citing the press service of the National Bank of Ukraine.

The NBU reported that the sum of the third tranche makes 716 110 000 of Special Drawing Rights (SDR), or about 1 billion dollars in equivalent. Ukraine will receive the greater of it in SDR, another part - in international currencies.

Related: EU to allocate 16 million euro for Ukraine to fight corruption

This tranche will be directed at increasing the international reserves of the National Bank.

The decision to allocate the tranche for Ukraine was taken on September 14. The decision of the Executive Board of the IMF on the allocation of $ 1 billion was adopted with the exceptions to the general rules, taking into account the current economic situation in the country.

Related: "Kremlin lost" - Poroshenko's statement after Ukraine for IMF tranche

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