Kiev is rapidly regaining the trust of the markets and the international finance agencies, Thanos Arvanitis, IMF Mission Chief for Ukraine told on Friday Ukraine's Prime Minister Mykola Azarov.
In July, the IMF approved a $15.15-billion standby loan for Ukraine "in support of the authorities' economic adjustment and reform program." Ukraine received the first $1.89-billion tranche from the IMF later in the month.
An IMF commission arrived in Ukraine on Wednesday to examine how the Ukrainian authorities manage with the reforms. A decision on the second tranche is to be taken depending on the results of the visit.
Ukraine's economy is currently struggling to recover from recession and the country's leader Viktor Yanukovych needs the IMF loan to support economic growth.
KIEV, November 5 (RIA Novosti)