Poroshenko hopes to receive fourth IMF tranche in coming weeks

Source : 112 Ukraine

Finance Ministry forecasts Ukraine will receive the next tranche from the IMF in early February
15:06, 17 January 2017

Ukrainian Time

President of Ukraine Petro Poroshenko expects the next tranche from the International Monetary Fund (IMF) in the coming weeks. He said this to Bloomberg television during his visit to Davos, Interfax-Ukraine reports.

"I'm sure in a few weeks will be a meeting of the IMF board of directors, and we need to get the tranche", he said.

Related: IMF may consider granting Ukraine next tranche in near future

Poroshenko said that Ukraine has fulfilled all the conditions for obtaining the next tranche at the end of 2016. In particular, Ukraine stabilized the banking system by the nationalization of the largest Ukrainian bank - Privatbank.

Ukrainian President expressed confidence that Ukraine should have a good cooperation with the IMF "and it's not just about money: the message for the investors is more important."

Related: Poroshenko hopes China helps to stop Russian aggression against Ukraine

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