Ukraine Expects Next IMF Tranche of $750 Million in December, PM Says | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Ukraine Expects Next IMF Tranche of $750 Million in December, PM Says

Ukraine expects to receive the next tranche of assistance worth $750 million from the International Monetary Fund in December, and 600 million euros from the European Union in November, Prime Minister Denys Shmygal told a news conference on Tuesday.

Shmygal said Ukraine had fulfilled all the IMF's conditions under the current assistance programme, adding that an IMF mission is expected in Ukraine from Saturday for talks. Ukraine signed a $5 billion IMF programme last year but the loans were effectively frozen over concerns about reforms.

"This mission will actually be the final one in preparation for the issuance of the next tranche - we have fulfilled all the conditions, all the benchmarks that were spelled out in the memorandum with the IMF," Shmygal said.

"Therefore, we expect a positive completion of this mission and expect that approximately in December, late November - early December - this is the date when the IMF tranche is possible," he added.

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