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3 years ago
Ukraine expects first tranche of $3 billion from IMF aid package
March 28, 2014 / 12:40 PM / 3 years ago

Ukraine expects first tranche of $3 billion from IMF aid package

1 Min Read

KIEV, March 28 (Reuters) - The International Monetary Fund and Ukraine are discussing disbursement of $3 billion in the first tranche of a $14-18 billion bailout package, Ukraine's finance minister said on Friday.

"They (the IMF) are ready today to talk about (disbursing) a first tranche of $3 billion, of which half will go to the National Bank and half to the state budget," the minister, Oleksander Shlapak, told journalists on the margins of a government meeting.

Reporting by Pavel Polityuk; Writing By Richard Balmforth

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