March 13, 2015 / 10:06 AM / 5 years ago

Ukraine has received first tranche of $5 billion from IMF: central bank

Ukraine's Prime Minister Arseny Yatseniuk addresses the media duringa news briefing in Kiev March 11, 2015. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - Ukraine has received a first tranche of $5 billion from the International Monetary Fund under a new four-year financing package worth a total of $17.5 billion, a central bank spokesman said on Friday.

The IMF loan is expected to unlock further credits from other donors. Including debt talks with Kiev’s bondholders, the total package of assistance for the country should be $40 billion, the IMF has said.

Reporting by Natalia Zinets; Writing by Alessandra Prentice; Editing by Janet Lawrence

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