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IMF's new stand-by program foresees three tranches for Ukraine by late 2019

That includes two loans by the general amount of 2.6 billion U.S. dollars; these are expected in May and November
21:34, 8 January 2019

Open source

The new 14-months-long funding program developed by the IMF for Ukraine provides three tranches; all of them are to take place by the end of 2019. Ukrinform news agency reported that with the reference to the latest analytical report by the Fund, which the agency obtained.  

The schedule of the planned revisions of Ukraine's living up to the conditions of the program contains three dates. The first one, December 18, 2018, is the day when the new program was approved by the Fund's leaders, as it decided to allocate 1.4 billion dollars as the first tranche.

The other two dates are May 15 and November 15, when the other two loans are expected, with USD 1.3 billion each. 

Previously, in October 2018, Ukraine and the IMF agreed to implement the stand-by program; Ukraine received the first loan in December 2018.  

Related: Ukraine to pay IMF over $1.8 billion in 2019

Related: Occupants in Crimea connect Kerch and Simferopol with highway

Related: Ukraine receives first IMF tranche under Stand-By program

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