The NBU announce the receipt of two tranches from IMF in 2019

В НБУ анонсируют получение двух траншей от МВФ в 2019 году

The national Bank of Ukraine expects to receive from the International monetary Fund in 2019 two equal tranches in may and November, totaling $ 2.5 billion. This was stated at a briefing the head of the NBU Jacob Smoliy, the correspondent of RBC-Ukraine.

Resin noted that at the beginning of March, Ukraine had the technical IMF mission, which does not make decisions regarding trenches.

“This is purely a working visit to check the current status of the situation, implementation of Ukraine’s commitments under the program stand-by. Mission finished, now we are satisfied with the visit, continue to work normally”, – he added.

As reported, the technical mission consisting of several experts of the International monetary Fund visited Kiev during 5-13 March 2019.

Recall, 18 December 2018, the IMF approved a new stand-by program in the amount of 3.9 billion dollars for Ukraine. The first tranche of 1.4 billion dollars already enrolled in the reserves. The decision on a further tranche will be made in may and November 2019, in the course of watching the progress of Ukraine in fulfilling the conditions of the Memorandum.