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UPDATE 1-IMF wants more progress from Ukraine for new tranche

An International Monetary Fundmission held productive talks with Ukraine, but the country mustshow more progress on reforms to reach an agreement for a newtranche under the $5 billion programme, the IMF representativein Kyiv said on Saturday. “Discussions will continue”, Goesta Ljungman said in astatement. The discussions focused on strengthening governance of theNational Bank, improvements to the legislative and regulatoryframework for bank supervision and resolution, policies toreduce the medium-term fiscal deficit, legislation restoring andstrengthening the anti-corruption framework and the judiciary,as well as on energy policy, he said.

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