IMF mission visits Ukraine for bailout update


  • World
  • Tuesday, 24 Jun 2014

KIEV (Reuters) - An International Monetary Fund mission was due in Kiev on Tuesday to check on Ukraine's progress in implementing tough conditions for a $17 billion bailout, the Fund said.

The ex-Soviet republic, facing an insurgency in its eastern region, received a first tranche of about $3.2 billion in May under the two-year programme to shore up depleted foreign currency reserves and support the state budget.

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