IMF mission to Ukraine has made progress, fund says


  • World
  • Friday, 14 Mar 2014

WASHINGTON (Reuters) - The International Monetary Fund has made good progress in its fact-finding mission in Kiev and will then discuss Ukraine's economic situation with IMF management, a fund spokesman said on Thursday.

A team from the IMF arrived last week in Kiev to assess the country's economic situation and discuss a possible bailout program. Ukraine's new government has said it desperately needs cash to cover expenses and avert a possible debt default.

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