The International Monetary Fund team visiting Ukraine gave a positive assessment of progress

The IMF mission came to Ukraine to review progress with conditions for a $17.5 billion four-year bailout programme

  • Recommendations to the IMF board are expected in June
  • The second tranche of about $2.5 billion hinges on the outcome of the visit

IMF mission representative says "good implementation" of the reform programme had been achieved

  • Says signs emerging that "economic stability is gradually taking hold"
  • Says IMF have revised downwards its growth projections and forecast end-of-year inflation at 46%

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