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Ukraine asks IMF for R23.5bn in aid

International

Kiev - Ukraine wants the International Monetary Fund to combine the expected third and fourth tranches of a $17 billion (R182 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 $1.4 billion from the IMF under the programme on August 29.

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The International Monetary Fund (IMF) logo.

“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. - Reuters

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