Ukraine may obtain from its key creditor, the International Monetary Fund, another loan tranche within the Extended Fund Facility in the amount of $1.3 billion, and another four tranches totaling some $5.4 billion in 2017, according to the IMF report.
The third review of the cooperation program is scheduled for November 2016. That is when the decision may be taken on the allocation of the fourth loan tranche amounting to $1.3 billion, the report reads.
In 2017, the revisions are scheduled for February, May, August, and November.
The largest amount of funds may be disbursed to Ukraine in February 2017, amounting to nearly $1.98 billion. The following tranches will be significantly smaller: $1.33 billion in May and August, and another $735 million in November.
In 2018, the IMF also planned four reviews of the program and the allocation of four loan tranches worth $735-736 million each.
The International Monetary Fund late on September 14 announced the completion of the second review of the four-year program of cooperation with Ukraine, adopted in March 2015, and decided to allocate the third loan tranche of $1 billion.
The total amount of funds already allocated amounts to $7.62 billion of total lending target of $17.5 billion. The decision on the allocation of funds was made after more than a year break in relations between Ukraine and the IMF.
Official document: Ukraine and the IMF- Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding
