Europe News

Ukraine asks IMF to combine two aid tranches for total of $2.2B: Report

Ukraine wants the International Monetary Fund to combine the expected third and fourth tranches of a $17 billion dollar bailout package for a total of around $2.2 billion, Interfax quoted Finance Minister Oleksander Shlapak as saying on Wednesday.

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Ukraine is already expecting the disbursement of a second slice of $1.4billion from the IMF under the programme on Aug. 29.

"We want to combine the third and fourth tranches. We calculate this will be about $2.2 billion and we count on receiving it before the end of the year,"Shlapak said.

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