$3 billion

IMF reported to authorise $1 billion tranche to Ukraine

Ukraine’s President Poroshenko claimed on Monday 3rd April 2017 that the IMF Board of Directors had cleared a $1 billion tranche for payment to Ukraine.
The IMF has not yet confirmed this report but the Russian agency TASS is reporting that its own sources close to the IMF have also confirmed it.
The IMF’s decision comes a week after London’s High Court granted Russia summary Judgment in the case Russia is bringing against Ukraine for payment of its $3 billion loan.