Brussels has drafted a schedule for the allocation of financial assistance to Ukraine by June this year, and it is expected that about EUR 850 million (about $1.2 billion) will be allocated within three months, a senior EU official has told Interfax-Ukraine. “If a stand-by agreement is signed with the IMF, we will be able to make the first tranche of the previously announced loan of macro-financial assistance (EUR 1.61 billion) in the amount of EUR 100 million in April, a EUR 250 million grant to support the state budget in May and EUR 500 million in macro-financial assistance in June,” he said. “This means that within three months we will be able to make EUR 850 million or $1.172 billion available to the Ukrainians,” he added. The official said he was confident that the agreement with the IMF would be signed in the near future and that the pace of the disbursement of funds from the EU would be unprecedented. But it is also not necessary to exclude pleasant surprises, he said, meaning the possible allocation of additional financial assistance from the EU. Click here to read the article on interfax.com.ua.
(image: ukrainebusiness.com.ua)
