Ukraine transferred the IMF’s last payment in 2017, payments for the year of almost $1.3 billion

Ukraine on 1 December transferred to the International monetary Fund last payment in 2017 of $ 114.3 million special drawing rights ($169 million). This was reported by «Ukrainian news» the press-service of the National Bank of Ukraine.

In just 2017 Ukraine paid 858,7 million special drawing rights – $1,268 billion.

At the same time Ukraine received during the year from one IMF tranche of $1 billion.

The latest Memorandum of cooperation between Ukraine and the IMF signed in March 2015, within four years, the Fund needs to provide Ukraine with $17.5 billion In the framework of this programme the Ukrainian government has already received four tranches totaling $8.7 billion.

In may 2017, the IMF said that for the completion of the revision of the program expect that the Ukrainian authorities ensure that parliamentary support land and pension reforms, anti-corruption bills and the intensification of the privatization process.

On 14 October, Finance Minister Alexander danyluk said that the «realistic» estimates the likelihood of the receipt of the next tranche before the end of 2017, but on October 26 the national Bank of Ukraine said that they expect receipt of funds no earlier than the first quarter of 2018.




Ukraine transferred the IMF’s last payment in 2017, payments for the year of almost $1.3 billion 02.12.2017

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