Switzerland will give Ukraine a tranche of $100 million in the coming weeks
The first loan tranche from Switzerland will be provided to Ukraine in the near future, as reported on the Swiss government’s website.
"The first loan tranche of $100 million will be directed to the National Bank of Ukraine in the coming weeks," the statement says.
After consultations with the Swiss National Bank, the Swiss Federal Council decided in February 2015 that the country would participate "in the international coordination of financial support to Ukraine," the report says.
In the spring of 2016, the central banks of Switzerland and Ukraine concluded a bilateral agreement on granting a loan to Kyiv in the amount of $200 million, which will be used to replenish Ukraine’s international reserves.
Earlier, it was reported that Ukraine expected to receive another tranche from the International Monetary Fund (IMF) in early February.