Ukraine expects next IMF tranche after meeting conditions -president


  • World
  • Wednesday, 28 Jul 2021

FILE PHOTO: Ukrainian President Volodymyr Zelenskiy gives statements ahead of talks at the Chancellery in Berlin, Germany July 12, 2021. Stefanie Loos/ Pool via REUTERS/File Photo

KYIV (Reuters) - President Volodymyr Zelenskiy said on Wednesday that Ukraine expects to receive a second payment from its $5 billion International Monetary Fund programme after fulfilling all its agreed commitments.

The IMF approved the standby loan facility in June 2020 and disbursed a first tranche of $2.1 billion to help the Ukrainian economy, which was hit hard by the coronavirus pandemic.

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