Ukraine central bank chief expects first IMF tranche at $1.4-1.9 billion

KIEV (Reuters) – Ukraine expects to receive a first loan tranche from the International Monetary Fund worth between $1.4 billion and $1.9 billion before Christmas, Central Bank Governor Yakiv Smoliy told a news conference on Thursday.

Ukraine has secured a standby loan agreement from the IMF to help ensure macroeconomic stability next year when it holds presidential and parliamentary elections.

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