According to AFP, the IMF had made it clear to Ukraine’s new leaders during meetings in Kiev that an immediate end to Ukraine’s costly gas subsidies was one of its prime conditions to approve the bailout package.

Ukraine will raise domestic gas prices by as much as 50 percent starting from May 1, said the government on Wednesday, in order to meet a key loan condition set by the IMF for an expedited $ 15 billion bailout.

<p>Ukraine will raise domestic gas prices by as much as 50 percent starting from May 1, said the government on Wednesday, in order to meet a key loan condition set by the IMF for an expedited $ 15 billion bailout.</p>

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