You're reading: Agence France-Presse: IMF arrives in Ukraine with tough demand for new loan

An International Monetary Fund team arrives in Kyiv on Nov. 3 to check on cash-strapped Ukraine’s books and set out a series of tough conditions for the disbursement of further loans.

The IMF approved a $17.5-billion (15.8-billion-euro) rescue package for the war-scarred former Soviet republic in 2015 to help it recover from two years of savage recession and allow the pro-Western leaders to cut their dependence on Russia.

Read more here.