Here's an update from our news desk:
The International Monetary Fund says it is confident Ukraine should get an overall $40 billion financing package to support its economy.
IMF spokesman Gerry Rice made the remarks on February 19 without providing details about the breakdown of funds or where the money would be coming from.
The IMF last week said its staff had reached an agreement with Ukraine’s government on a new economic program with about $17.5 billion coming from the fund and additional resources from the international community.
The program is meant to support the economy of the former Soviet republic, which is on the brink of bankruptcy after a year of political upheaval and bitter conflict with Russian-backed separatists.
The IMF's board is expected to vote on Kyiv’s financing package in late February or in early March.
It said it has not made any assumptions about debt restructuring for Ukraine’s private creditors.
(Reuters, AP)