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IMF deputy 'impressed' by Ukraine's move toward reform

The International Monetary Fund's First Deputy Managing Director David Lipton speaks before the press in Tokyo on May 31, 2013The International Monetary Fund’s number two said Saturday he was “impressed” by Kiev’s plans for economic reform, following a visit to the country. The IMF, which this year granted Kiev $17 billion in financial aid over two years, as part of a $27 billion global rescue package set up by Western countries, warned last month that Ukraine would need as much as an extra $19 billion by the end of next year. IMF First Deputy Managing Director David Lipton traveled to Kiev on Friday to meet with President Petro Poroshenko, Prime Minister Arseniy Yatsenyuk and members of their economic team.

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