IMF and West can give Ukraine $6 billion in first tranche of bailout

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International Monetary Fund and a number of Western countries can provide Ukraine a loan of $ 6 billion in the first tranche of financial aid, Finance Minister Anton Siluanov.

According to Siluanov, such opportunity was discussed during the bilateral meetings with German Finance Minister Wolfgang Schaeuble and the US Treasury Secretary Jacob Lew and is now being developed at an expert level.

“We just paid attention to this at a meeting with Finance Minister Schäuble and Jacob Lew. Until the last moment Russia was very seriously helping Ukraine, provding 35.4 billion dollars over four years. Now we offer our western partners also to participate in supporting Ukraine in order for it to perform its obligations, including payments for gas”, Siluanov told reporters after the meeting.

“This assistance from the IMF, the assistance of the Western governments. The amount of the first tranche was considered of $ 6 billion: $ 3 billion from the fund and $ 3 billion from the western countries. Such solution was not made but it is being considered at the level of experts,” said the Minister.

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