Ukraine expects IMF decision on $1.4 bln tranche on Aug 29

Written By Unknown on Jumat, 08 Agustus 2014 | 18.12

KIEV Fri Aug 8, 2014 5:05am EDT

KIEV Aug 8 (Reuters) - Ukraine expects that a decision on disbursement of a second $1.4 billion tranche of aid by the International Monetary Fund under a $17 billion loan programme will be adopted on Aug. 29, Central Bank chief Valeria Hontareva said on Friday.

Ukraine, which is battling pro-Russian separatist rebels in the east of the country and whose economy has been in recession since 2012, received a first tranche of $3.2 billion under the programme in May.

(Reporting by Natalia Zinets; Writing by Pavel Polityuk and Richard Balmforth; Editing by Alison Williams)


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