Ukrainian President Petro Poroshenko has said that the Board of the International Monetary Fund (IMF) has decided to allocate the next tranche in the amount of $1 billion to Ukraine.
“The IMF Board has decided to allocate $1 billion to Ukraine, this is the recognition of Ukrainian reforms,” Poroshenko wrote on his Facebook page.
Since 2015, Ukraine has been implementing a four-year Extended Fund Facility (EFF) program, under which Ukraine expects to receive about $17 billion through 2018. The size of the next, fourth tranche is $1 billion.
