You're reading: Bloomberg: Poroshenko says next IMF bailout loan may come as early as April

Bloomberg: Poroshenko says next IMF bailout loan may come as early as April

By Bloomberg.

Published Jan. 25, 2018 at 9:12 pm

Ukrainian President Petro Poroshenko addresses the media at the end of the EU Eastern Partnership Summit in Brussels on Nov. 24, 2017.

Photo by AFP

Ukraine may unfreeze its $17.5 billion bailout loan from the International Monetary Fund in April as the country has “already fulfilled 80 percent” of its commitments, President Petro Poroshenko said.

“Probably ‘fingers crossed’ before April we will have a mission and have the next tranche,” Poroshenko said January 25 in an interview with Bloomberg TV in Davos, Switzerland. “We, my government and my people, are ready to continue cooperation with the IMF.”