Ukraine obtained another IMF tranche of stand-by loan

posted 04 September 2014 17:15

On September 4 Ukraine has received the second tranche from the IMF of a stand-by loan worth SDR 914.7 million (about $1.39 billion), according to the Letter of intention of the Government of Ukraine and the National Bank to the International Monetary Fund, which was approved on 29 August by the Board of Governors of the International Monetary Fund. At this, approximately $ 1 billion is to be transferred to support the state budget.