Ukraine finmin says IMF tranche not "crucial"

KIEV | Wed Nov 11, 2009 3:50am EST

KIEV Nov 11 (Reuters) - An IMF bailout tranche worth $3.8 billion, which may not be released to Ukraine by the end of the year as planned, is not crucial for the currency market and economy, acting Finance Minister Ihor Umansky said on Wednesday.

"This tranche is not crucial for ensuring balance on the currency markets. I do not see any risks to the economy (if the tranche is delayed)," Umansky told journalists.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.