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Ukraine Clears Hurdle to Begin Talks on Fully Fledged IMF Loan

  • IMF staff cites nation’s strong measures in non-cash program
  • Bloomberg News reported IMF is exploring multiyear aid package
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Ukraine and International Monetary Fund staff have reached an agreement that moves the nation nearer a full-fledged loan. 

Ukrainian authorities had a strong performance meeting the targets contained in the nation’s four-month, non-cash program with the fund, Gavin Gray, the IMF mission chief for Ukraine, said in a statement.