The Cabinet was told when to expect a tranche from the IMF

The program is 5 billion dollars.

The Cabinet is expected to sign a new program with the International monetary Fund in the amount of $ 5 billion for a period of a year and a half, this was announced by the Minister of Finance, Sergei Marchenko during the governmental session on Wednesday, may 20, reports the with reference to the Correspondent.

According to the draft order, the amount of the first tranche may reach $ 1.9 billion.

“We look forward to signing and tranche before the end of may,” — said Marchenko.

Earlier, Marchenko spoke about the expectations to the first tranche of USD 1.75 billion.

As reported, the national Bank said that obtaining funds from the International monetary Fund is a matter of weeks and is traditional for IMF procedures.

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