Ukraine expects first tranche of $3 billion from IMF aid package


  • World
  • Friday, 28 Mar 2014

KIEV (Reuters) - The International Monetary Fund and Ukraine are discussing disbursement of $3 billion (£1.80 billion) in the first tranche of a $14-18 billion bailout package, Ukraine's finance minister said on Friday.

The deal, announced on Thursday and which will also unlock further credits to a total of $27 billion, is intended to help the heavily-indebted ex-Soviet republic stabilise its economy after months of political turmoil.

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