KIEV, Sept. 10 - The International Monetary Fund is likely to defer the allocation of the fourth tranche of a stand-by loan for Ukraine and not provide a fifth tranche at all, experts polled by Interfax said.

"The IMF will make a decision on providing the next tranche in late September or early October. If the government does not take real steps by this time to fulfill its commitments to the fund, there is a great likelihood that it will be possible to talk about the fourth tranche being deferred," Concorde Capital economist Nikita Mikhailichenko said.