March 13, 2015 / 10:09 AM / 3 years ago

Ukraine has received first tranche of $5 billion from IMF: central bank

KIEV (Reuters) - Ukraine has received a first tranche of $5 billion from the International Monetary Fund under a new four-year financing package worth a total of $17.5 billion, a central bank spokesman said on Friday.

Ukraine's Prime Minister Arseny Yatseniuk addresses the media duringa news briefing in Kiev March 11, 2015. REUTERS/Valentyn Ogirenko

The IMF loan is expected to unlock further credits from other donors. Including debt talks with Kiev’s bondholders, the total package of assistance for the country should be $40 billion, the IMF has said.

Reporting by Natalia Zinets; Writing by Alessandra Prentice; Editing by Janet Lawrence

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