Ukraine receives first $3.2 bln from IMF programme -central bank

KIEV Wed May 7, 2014 3:59am EDT

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KIEV May 7 (Reuters) - Ukraine has received a first tranche worth about $3.2 billion from a $17 billion two-year aid programme from the International Monetary Fund, the central bank said on Wednesday.

The bank said the first tranche was received on Tuesday. More than $1 billion went to the bank's foreign currency reserves and the rest to the state budget, a spokesman said. (reporting by Natalia Zinets, writing by Elizabeth Piper, editing by Ralph Boulton)

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Comments (1)
CanRus wrote:
Good. Ukraine certainly needs it. Hopefully it will be put t good use rather than stolen – which is what Yakunovich would have done.

May 07, 2014 9:14am EDT  --  Report as abuse
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