The International Monetary Fund expects to decide within weeks on issuing the second tranche of a $17-billion (£9.94 billion) bailout to Ukraine, whose economy is likely to contract by 6.5 percent this year, its Kyiv mission chief said on July 18.
Ukraine-European Union Relations
Reuters: IMF sees decision on $1.4 billion tranche to Ukraine in weeks
Ukraine, which is fighting a pro-Russian separatist rebellion in the east, received $3.2 billion in May as the first tranche of the two-year aid package intended to shore up depleted foreign currency reserves and support the state budget.
