Ukraine wants the International Monetary Fund to combine the expected third and fourth tranches of a $17 billion dollar bailout package for a total of around $2.2 billion, Interfax quoted Finance Minister Oleksander Shlapak as saying on Wednesday.
Ukraine is already expecting the disbursement of a second slice of $1.4billion from the IMF under the programme on Aug. 29.
“We want to combine the third and fourth tranches. We calculate this will be about $2.2 billion and we count on receiving it before the end of the year,”Shlapak said.
via CNBC
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.