In recent years, many experts have expressed fears that Ukraine will not be able to return funds to the IMF without attracting new borrowings from the fund. Despite the fact that Ukraine has not received money from the fund, the first IMF tranche was repaid on time.
As reported, in 2012, Ukraine has to pay four tranches totaling USD 3.5 billion. Subsequent payments are made in August, October and November in equal tranches: a billion dollars each.
The program of cooperation envisages the allocation to Ukraine of a loan worth USD 15.15 billion. The period of the program's validity is 2.5 years. Funds are raised at an interest rate 3.5% per annum.
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