The national Bank expects a tranche from the IMF before Christmas

Нацбанк ожидает транш от МВФ до Рождества

A new tranche of the International monetary Fund under a new program should be received within ten working days until Christmas.

The national Bank of Ukraine expects that the new tranche of the International monetary Fund in the framework of the new backup support is received within ten working days until Christmas. The Chairman of the NBU Jacob Smoliy said in an interview with Reuters.

“Ukraine has fulfilled all preliminary steps, leaving only the bureaucratic procedures”, – said the head of the national Bank.

When this resin did not indicate at what amount he expects the tranche, but stressed that it would help the regulator to increase foreign exchange reserves to 19.2 billion dollars from its current level of 17.8 billion dollars.

Earlier, the Cabinet of Ministers of Ukraine approved the draft of the letter of intent and Memorandum on cooperation with the IMF under the program Stand-Woo.

Before that, the IMF confirmed the readiness to work with Ukraine on a new Stand-By program.

It was also reported that the key indicators of the state budget of Ukraine for the 2019 meet the requirements of the International monetary Fund.

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