Ukraine expects $5 billion in first tranche of IMF aid: Interfax Ukraine

Reuters News
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Posted: Mar 11, 2015 9:05 AM

KIEV (Reuters) - Ukraine's Finance Minister Natalia Yaresko said on Wednesday Ukraine expects the first tranche of aid from the International Monetary Fund to amount to $5 billion, news agency Interfax Ukraine reported.

When asked how large she expected the first slice of IMF funding to be under a new $17.5 billion program, Yaresko said "five", according to Interfax.

The Washington-based fund announced a preliminary agreement for the new four-year loan program last month. Its board is widely expected to approve the package when it meets on Wednesday.

(Reporting by Alessandra Prentice; Editing by Louise Ireland)