(Adds further comments from Lagarde, background)
WASHINGTON, July 29 The International Monetary
Fund's $17 billion loan program for Ukraine may have to be
revised if the country's conflict in its eastern regions
continues for much longer, the head of the IMF said without
"(The IMF program) is premised on having a degree of
resolution of the current conflict in the not-too-distant
future," IMF Managing Director Christine Lagarde told reporters
on Tuesday. "So you see I'm using a lot of precautions, and I'm
not pinning down to 'x months,' or a (certain) degree of
conflict," she said.
"As it stands and under circumstances and the set of our
assumptions, which includes a conflict that is resolved in the
not-too-distant future, no additional financing is needed,"
"If any of these key parameters changes substantially, we
will have to revisit the whole strategy, because we are talking
about a different situation," she said.
Ukrainian officials, including the deputy prime minister,
have asked for more money and support from international donors
to help the country deal with what it called "unprecedented
Russian-inspired aggression" in its eastern regions.
Intense fighting between Ukrainian troops and pro-Russian
rebels in eastern Ukraine killed dozens of civilians, soldiers
and rebels on Tuesday.
In Brussels, the European Union agreed to impose the bloc's
first broad-based sanctions aimed at sectors of the Russian
economy, following broader banking and energy sanctions from the
(Reporting by Anna Yukhananov; Editing by Andrea Ricci)