Ukraine, IMF agree terms to resume financial support - IMF


  • World
  • Thursday, 19 May 2016

Ukrainian President Petro Poroshenko greets International Monetary Fund (IMF) Managing Director Christine Lagarde after a news conference in Kiev, Ukraine, September 6, 2015. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - The International Monetary Fund has agreed with Ukraine the reform policies it must implement for the board to agree in July to dispense a long-delayed third tranche of loans under a $17.5 billion (£12 billion) bailout programme, the fund said on Wednesday.

An IMF mission visited Kiev last week to assess efforts to root out corruption and revamp Ukraine's war-torn economy, which months of political turmoil and a reshuffle of the pro-Western leadership have disrupted.

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