IMF could release new funds to Ukraine at end of July

July 24, 2015 01:05

The International Monetary Fund signaled Thursday it could release USD1.7 billion in bailout funds next week to Ukraine as the country reels from civil war and seeks private-sector debt relief.

The IMF executive board is tentatively scheduled to meet on July 31 to decide on the second disbursement of the country's four-year support package, said Fund spokesman Gerry Rice.

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