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Next tranche likely to be disbursed on Christmas

The second SDR 1.718 bln or €1.85bln will be disbursed within 48 hours since the approval by the IMF board.

The total disbursements under the two-year program of €12.348 bln stand at SDR 6.088 billion (about €6.570 bln).

This year, IMF officials will make another review of the local banking system due in the last months of the year, after which the institution might approve and disburse the SDR 1.409bln tranche.



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