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IMF team to arrive in Kiev to gage progress made under bailout program
Journal Staff Report

KIEV, Nov. 11 - An International Monetary Fund mission will arrive in Kiev on Thursday to assess progress made under its $17.5 billion bailout program, Reuters reported on Wednesday, citing Fund's Ukraine representative Jerome Vacher.

Under the program, Ukraine has already received almost $10 billion this year to shore up its finances crippled by separatist conflict and years of economic mismanagement and corruption.

However the disbursement of the next $1.7 billion tranche has been delayed as the IMF said the government and parliament, which are in disagreement over proposed tax reforms, needed more time to sort out fiscal polices for 2016.




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