Ukraine expects IMF decision on disbursal of $1.7 billion on July 31 - PM Yatseniuk


  • World
  • Wednesday, 22 Jul 2015

Ukrainian Prime Minister Arseny Yatseniuk delivers remarks at the U.S.-Ukraine Business Forum in Washington July 13, 2015. REUTERS/Yuri Gripas

KIEV (Reuters) - Ukrainian Prime Minister Arseny Yatseniuk said on Wednesday he expected the International Monetary Fund to make a decision on the disbursal of a second tranche of financial aid worth $1.7 billion (1.1 billion pounds) on July 31.

Ukraine has so far received $5 billion from the International Monetary Fund, out of an overall pledge of $17.5 billion. To get more, it had to implement reforms including legislative changes to the banking system and energy sector.

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