IMF to Disburse Two Tranches Totaling $2.6 Billion by End of the Year
The first tranche was disbursed in December last year
Photo from Ukrinform
The International Monetary Fund will disburse two tranches for $1.3 billion each by the end of 2019, Ukrinform reports.
The second and the third tranches under the new Stand-By Arrangement (SBA) are planned to be disbursed after the completion of reviews scheduled for May 15 and Nov. 15 respectively.
The SBA is worth a total of of $3.9 billion. It replaces the older arrangement under the Extended Fund Facility.