You're reading: Shmyhal to receive IMF’s first tranche under new program by end of May

Prime Minister of Ukraine Denys Shmyhal said he hopes the International Monetary Fund (IMF) will provide the first tranche under new program by the end of May.

“We hope that by the end of May we will reach signing of the documents and will receive the first tranche of money as it was discussed,” said Shmyhal during an hour of questions to the government in Rada on May 13.

“Today we are on the stage close to signing of the memorandum,” he added.