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Ukraine to receive first IMF tranche by Friday - Finance Minister Yaresko
March 12, 2015 / 2:06 PM / 3 years ago

Ukraine to receive first IMF tranche by Friday - Finance Minister Yaresko

KIEV (Reuters) - Ukrainian Finance Minister Natalia Yaresko said on Thursday Kiev expected the first trance of $5 billion under a new four-year International Monetary Fund programme to be disbursed no later than Friday.

“The tranche, which we expect tomorrow if not today, will enable us to increase reserves,” Yaresko said in a briefing, adding that the central bank would receive $2.2 billion (1.5 billion pounds) of the money and the remaining $2.8 billion would go to the government.

Reporting by Natalia Zinets; Writing by Alessandra Prentice; Editing by Christian Lowe

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