The head of the IMF has confirmed the approval of a new tranche for Ukraine in the near future

Sat, 30.05.2020 13:32

President Vladimir Zelensky held a telephone conversation with IMF Managing Director Kristalina Georgieva, who promised that the IMF's Board of Directors would approve the first tranche of the agreed stand-by program for the next 18 months in the near future.
About this with reference to the press service of the President of Ukraine reports BusinessCensor.

Georgieva welcomed the adoption of the law on improving the mechanisms for regulating banking activities, noting that he protects taxpayers in Ukraine.

She said that the approval by the IMF Board of Directors of the first tranche of the agreed stand-by program for the next 18 months will take place in the near future.

As Business Censor reported, Prime Minister of Ukraine Denis Shmygal said that Kiev expects the IMF to approve a new loan program for $ 5 billion at a meeting of the Board of Directors on June 5, and the first tranche of $ 1.9 billion will be paid the next day.

Source: Censor

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