Translated material
The IMF approved the assistance program for Ukraine
The Board of Directors of the International Monetary Fund approved a program to support the economic policy of Ukraine in the amount of $3.9 billion and the first loan tranche for $1.4 billion.
“Such decisions by the world's leading financial institutions ensure the constancy of our confident movement and strengthen Ukraine's stability against the backdrop of complex internal and external challenges. We are confidently stepping forward," President of Ukraine Petro Poroshenko said, Interfax reports .
The program is expected to help Ukraine maintain macro stability during the presidential and parliamentary elections in 2019, when the country is also facing peak payments on its external debt. According to the National Bank of Ukraine, the funds will be received by December 25.