September 14, 2018 / 9:03 AM / in 2 months

Ukraine in talks with IMF on new standby deal: president's ally

KIEV, Sept 14 (Reuters) - Ukraine has started talks with the International Monetary Fund on a new standby agreement that would replace the current $17.5 billion assistance programme, the president’s parliamentary representative Iryna Lutsenko told reporters on Friday.

“This means that the IMF appreciated the reforms, the pace, the results of the reforms that we made within the framework of that programme and are ready to provide us with another programme,” she said on the sidelines of the Yalta European Strategy (YES) meeting in Kiev.

Reporting by Natalia Zinets; writing by Matthias Williams; editing by John Stonestreet

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