Ukraine fulfills all IMF requirements for second debt tranche, NBU says

The Ukrainian side has fulfilled almost all the preconditions to receive the second tranche of the IMF’s EFF program, Dmytro Sologub, the deputy head of the National Bank (NBU), stated on July 1, as reported by Interfax-Ukraine. The IMF board of directors will meet soon to decide on the tranche, he said. Recall, NBU Chair Valeriya Gontareva revealed her expectations at Concorde Capital’s June 19 conference in New York that the IMF will reach its decision on a second tranche (USD 1.67 bln) in mid-July.