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IMF could send Ukraine’s third tranche to board in two weeks

IMF could send Ukraine’s third tranche to board in two weeks

17 February 2011

The head of the International Monetary Fund’s office in Ukraine, Max Alier, said yesterday that discussions of unresolved issues could be resolved in two weeks, after which disbursal of Ukraine’s third tranche would be put before the IMF board, according to media reports. The IMF green lit disbursal of a second USD 1.5 bln tranche in December 2010, which brought total disbursements under the program to USD 3.4 bln. According to the original schedule, the next USD 1.5 bln tranche is to be disbursed on March 15, 2011 (the whole amount is to go to the central bank).

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