Ukraine is planning to ask the International Monetary Fund (IMF) to increase the amount of a third tranche to $3.8 billion to finance the country's budget deficit, Acting Finance Minister Ihor Umansky has told the Dzerkalo Tyzhnia weekly newspaper, Interfax-Ukraine reported.

"The [IMF] mission is to arrive [in Ukraine] on June 24-26. According to the program, the next tranche is expected at $3.2 billion. We're asking [the IMF] to increase it to $3.8 billion," he said.

Umansky expressed confidence that if the country receives the tranche, all funds should be sent to the state budget.

"However, the question of how much money is transferred and what sum will be spent to finance the deficit currently remains open," he said.

He said that the IMF had set several conditions to Ukraine, and added that their final list would be drafted before the arrival of the IMF mission to Ukraine.

"We expect that this will happen by the end of this week," Umansky said.


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