Support The Moscow Times!

Ukraine Expects Three Tranches of IMF Bailout at Once – Central Bank Head

KIEV — Ukraine expects to receive three tranches of credit from the International Monetary Fund all at the same time after a visit by the Fund next month, Central Bank chief Valeria Gontareva said on Tuesday.

"Ukraine is counting on receiving three tranches immediately following the IMF mission's visit in January," Gontareva told a news conference. The Fund is due to visit Kiev from January 8.

Gontareva also said currency reserves, badly depleted by the cost of energy imports from Russia and the war with separatists in the east, could rise to at least $15 billion next year thanks to IMF loans. Reserves were at about $9.9 billion in November.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more