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IMF delegation to arrive in Ukraine this week

IMF delegation to arrive in Ukraine this week

12 October 2009

The Finance Ministry said on Friday that a delegation from the International Monetary Fund was due to arrive in Ukraine today and stay until October 24. The delegation will conduct the third review of the country’s USD 16.5 bln standby loan agreement and negotiate the allocation of the fourth loan tranche. Ukraine has already received USD 11 bln through the loan program in three tranches; the fourth tranche, USD 3.8 bln, is to be dispersed in November according to the agreement.

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