IMF reaches agreement with Ukraine on policies needed for disbursement

WASHINGTON (Reuters) - The International Monetary Fund said on Thursday it had reached a staff-level agreement with Ukraine on the policies needed for the global lender to disburse $1.7 billion (1 billion pounds) under a loan programme.

The IMF said in a statement the agreement is subject to approval by its management and executive board.

(Reporting by Jason Lange; Editing by Bill Trott)