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Poroshenko: IMF Executive Board Approves $1Bln Tranche to Ukraine

© Photo : President of the Ukraine Press-Service / Go to the mediabankPresident of Ukraine Petro Poroshenko speaks during a meeting of the Verkhovna Rada in Kiev
President of Ukraine Petro Poroshenko speaks during a meeting of the Verkhovna Rada in Kiev - Sputnik International
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Ukrainian President Petro Poroshenko stated that the IMF Executive Board has decided to disburse $1 billion to Ukraine.

KIEV (Sputnik) — Ukrainian President Petro Poroshenko said Monday that the Executive Board of the International Monetary Fund (IMF) has approved the disbursement of $1 billion as a new tranche to Ukraine.

The IMF's Executive Board held a meeting earlier on Monday to consider the third review of Ukraine’s arrangement under the Extended Fund Facility.

"The IMF Executive Board has decided to disburse $1 billion to Ukraine," Poroshenko wrote in his Facebook blog.

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