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Monday, September 1, 2014

BREAKING : IMF approves bailout payment to Ukraine

BREAKING : IMF approves bailout payment to Ukraine

The IMF board approved a $1.39 billion payment, which will bring total disbursements under the program to $4.51 billion. The IMF also approved Kiev's request to combine the next two reviews scheduled for this year.

Russia's energy minister said Friday that negotiations on Ukraine's gas debt can't start until Kiev pays $1.45 billion of debt to Russian gas giant OAO Gazprom.

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