IMF asks Ukraine for concrete results in corruption fight

Ukrainian Finance Minister Oleksandr Danylyuk speaks during an interview with Reuters in Berlin, Germany, August 30, 2016. REUTERS/Joachim Herrmann

KIEV (Reuters) - Resistance to reform from vested interests will derail Ukraine's economic recovery and bailout programme from the International Monetary Fund unless those in power take clear steps to fight corruption, the Fund said on Monday.

Ukraine received $1 billion (778.64 million pound) from the IMF in September, its third tranche of money under a $17.5 billion programme. This tranche had been held back for nearly a year due to political upheaval and slow progress on implementing anti-graft measures.