Exclusive: Ukraine expecting $5 billion IMF loan approval and initial payout next week - PM
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KIEV (Reuters) - Ukraine is expecting the International Monetary Fund (IMF) to approve a $5 billion loan package on June 5 and to disburse the first tranche of $1.9 billion (£1.54 billion) the next day, Prime Minister Denys Shmygal told Reuters on Friday. Ukraine has said it risked defaulting without the money, which Shmygal said he expected to be approved at an IMF board meeting, and Kiev struggled for months to pass the reforms the fund was asking for amid concerns over corruption and..