IMF, Ukraine fail to reach pact on next bailout tranche

WASHINGTON (Reuters) - The International Monetary Fund said Friday it had productive discussions with officials in Ukraine this week, but failed to reach an agreement that would pave the way for Kiev to receive its next bailout tranche next month.

"We found that the Ukrainian authorities are preparing to move decisively on a broad and comprehensive agenda to stabilize and reform the economy, while coping with the difficult challenges that emerged in the last year," IMF mission chief Nikolay Gueorguiev said in a statement.