600 million euros from the EU would be in Ukraine until January
The delegation of the European Union to Ukraine predicts the allocation of Ukraine the next tranche in the amount of 600 million Euro macro-financial assistance in January 2018.
This was announced by first Secretary of the Department of trade and Economics of the EU delegation to Ukraine, Jocelyn Giton in an interview to “Ukrainian News”.
“I would like to emphasize that the timing is purely a technical question. May be a slight technical delay of several weeks between the decision and immediate payout, but if all goes well, tranche will be granted at the beginning of next year,” said Gen.
The national Bank transferred to the state budget of the fifth major installment of its profits
He said that the European Union expects Ukraine’s implementation of all conditions that would allow her to receive this tranche, including the lifting of the ban by the Verkhovna Rada on the export of timber.
“We are still waiting for that all conditions are met. Since the question is really one of the terms of the applicable Memorandum of understanding, we hope his decision in a timely manner,” he said.
As a result of this payment the overall macroeconomic assistance of the EU has spread to Ukraine in 2014 will reach 2.81 billion euros, which is the largest volume of macroeconomic assistance provided by the EU to any country outside the EU.
The IMF could have postponed the allocation of Ukraine of the fifth tranche of financial support to media
As reported, in March 2017, the European Commission approved the allocation of Ukraine the next tranche of macro-financial assistance in the amount of 600 million euros.
The mission of the International monetary Fund will arrive in Ukraine on 12 September to analyze Ukraine’s implementation of Memorandum of cooperation with the Fund.
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