The Ukrainian Ministry of Finance has already announced that the first tranche of $ 1,4 billion should materialize before December 25, 2018. Decisions about subsequent tranches will be made in May and November 2019, after a review of the Ukrainian “successes” economics and compliance with the terms of the memorandum.
In turn, the Fund specified that the first billion “magic” special borrowing funds (SDR) from the IMF, equivalent to $ 1,4 billion, will be available immediately. The rest will be made available through semi-annual reviews of program performance.
We previously reported how the IMF planted Ukraine on the needle of trenches, and why martial law does not interfere with Kiev increase debt burden. It should be noted that the Prime Minister of Ukraine Volodymyr Groysman announced on October 19, 2018 that Kiev and the IMF agreed on a new program, which should begin to operate in the coming 2019. Just then, once again, gas prices rose for the population.