WASHINGTON (Reuters) - The board of the International Monetary Fund is expected to meet about Ukraine's loan program in late August, an IMF spokesman said on Thursday, which would likely allow the embattled country to receive its next aid disbursement of an expected $1.4 billion.
An IMF mission concluded its visit to Kiev last week to assess the country's progress with the conditions of the Fund's $17-billion bailout. IMF staff will then prepare a report for the Fund's board, which is likely to sign off on the review after its August recess, since Ukraine has met most of the program's conditions so far.
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