WASHINGTON, July 24 The board of the
International Monetary Fund is expected to meet about Ukraine's
loan program in late August, an IMF spokesman said on Thursday,
which would likely allow the embattled country to receive its
next aid disbursement of an expected $1.4 billion.
An IMF mission concluded its visit to Kiev last week to
assess the country's progress with the conditions of the Fund's
$17-billion bailout. IMF staff will then prepare a report for
the Fund's board, which is likely to sign off on the review
after its August recess.
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 IMF aid package intended to shore up
depleted foreign currency reserves and support the state budget.
(Reporting by Anna Yukhananov; Editing by Chizu Nomiyama)