The Cabinet of Ministers of Ukraine is waiting for the fourth tranche of the loan from the IMF

The Cabinet of Ministers of Ukraine is waiting for the fourth tranche of the loan from the IMF

05.01.2017 News

The Ukrainian authorities are waiting for the new credit transfer revenues from the International Monetary Fund, according to Ukrainian news agencies Ukrainian News.

The government is almost assured of getting a regular cash flow, referring to all the fulfillment of the conditions: the transition of Privatbank in public ownership and approval of the state budget for 2017 in accordance with the requirements of the Fund. Loan amount $ 1 billion is planned to be transfered to the state account of Ukraine until mid-January.

Oleksandr Danyliuk, who is the Minister of Finance of Ukraine, said that to get the next tranche it must be a few decisions more of the Cabinet, but what exactly – did not specify.

At the same time, the government remained a number of unsolved problems, among which the most important – the customs union into a single coherent framework and the allocation of municipal subsidies for the population. However, the Cabinet does not consider this a serious obstacle for the transfer of credit, as two key conditions are met.

The IMF is the profile of the UN organization headquartered in Washington, DC (USA), whose main function is to contribute to the development of international cooperation in the monetary sphere. Acting Managing Director – Christine Lagarde.

Also read: Privat Bank: briefly about the main

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