IMF says staff made 'very good progress' in talks about new loan for Ukraine


FILE PHOTO: The International Monetary Fund (IMF) logo in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas

WASHINGTON (Reuters) - The International Monetary Fund on Wednesday said its staff made "very good progress" in talks with Ukraine on a set of policies that could underpin a new IMF lending program for the war-torn country, and the talks could be finalized in coming days.

Vahram Stepanyan, the IMF resident representative to Ukraine, said IMF staff held productive discussions with Ukrainian officials in Warsaw from March 8-15 on their request for what would be the country's largest loan package since Russia's full-scale invasion over a year ago.

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