IMF pleased with progress in talks with Ukraine

The talks of the International Monetary Fund on the allocation of the next tranche under $17.5 billion loan program to Ukraine show good progress.

This was stated by IMF Managing Director Christine Lagarde in an interview with Reuters.

"I believe that negotiations are advancing in the right direction and a number of key issues has already been solved," Lagarde said.

However, she refrained from predicting the talks’ completion date. As the IMF Managing Director noted, the Fund still has to settle several issues with the Ukrainian authorities to complete the relevant process.

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