S&P calculated, when Ukraine will receive new tranche from the IMF

Ukraine may receive the next tranche of aid from Western donors in the second half of 2017. This was announced by the international rating Agency S&P, transfer “Ukrainian news”.

“The next tranche of the International monetary Fund (IMF) and related funding from external donors is likely to come in the second half of 2017 – provided that Ukraine makes progress in carrying out key land and pension reforms”, – stated in the forecast of the Agency.

It is noted that the bulk of the funds available to the National Bank to support the international reserves, however, further funding provides a prudent fiscal policy of the Cabinet of Ministers and meet the requirements of the IMF, which will attract funds from the European Union and other donors.

As reported, Ukraine on 16 may there will arrive representatives of the IMF, which will be submitted the draft law on pension reform.

April 3, IMF previously had a meeting of the Board of Directors on the allocation of Ukraine the next credit tranche of $ 1 billion, approved the allocation of money to Ukraine. Money started to arrive at the NBU on 5 April.

Ukraine and the IMF in March 2015 signed a Memorandum of economic and financial policies which the country should undertake in the framework of the extended Fund (EFF). The entire program provided Ukraine with about $ 17 billion of which has already been allocated 8.7 billion dollars.