By giving final approval to the ‘anti-Kolomoisky’ bill, the Rada will unlock a first $4 billion tranche of IMF money this month, Danylo Hetmantsev, head of the Rada finance committee

Thursday, April 2, 2020
By giving final approval to the ‘anti-Kolomoisky’ bill, the Rada will unlock a first $4 billion tranche of IMF money this month, Danylo Hetmantsev, head of the Rada finance committee

By giving final approval to the ‘anti-Kolomoisky’ bill, the Rada will unlock a first $4 billion tranche of IMF money this month, Danylo Hetmantsev, head of the Rada finance committee, tells Radio NV. Hetmantsev predicts final Rada approval by April 10. Linked to the $8 IMF Extended Fund Facility would be $1 billion in World Bank Funding, a €500 million tranche from the EU, and bilateral aid from Canada and Japan. Separately, Reuters reports Ukraine is in talks with the World Bank for a $150 million loan for social payments related to the coronavirus curbs.

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