Ukraine will not receive any additional tranches of IMF low interest loans this year

Wednesday, November 25, 2020
Ukraine will not receive any additional tranches of IMF low interest loans this year

Ukraine will not receive any additional tranches of IMF low interest loans this year, Tymofiy Mylovanov, former Economy Minister and newly appointed advisor to the President’s office said Monday night on the ICTV’s Svoboda Slova program. Under the $5.5 billion agreement signed last June, Ukraine received an immediate loan of $2.1 billion. By the end of December, it was to receive two more tranches of $700 million apiece.

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