The IMF mission has recommended that Ukraine be given a two-year stand-by loan of $14-18 billion.

IMF Mission Chief for Ukraine Nikolay Gueorguiev said this at a briefing in Kyiv, according to Ukrinform.

"The financial support from the broader international community that the program will unlock amounts to $27 billion over the next two years. Of this, assistance from the IMF will range between $14-18 billion, with the precise amount to be determined once all bilateral and multilateral support is accounted for," he said.

Gueorguiev also said that the IMF Executive Board would consider granting the loan to Ukraine in April after Ukraine's leaders approve a reform package.

As reported, the IMF mission worked in Kyiv from March 4 to March 25.

QHA