UPDATE 1-IMF official sees 'leeway' in judging Ukraine's debt progress

April 7, 2015 2:43 PM

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WASHINGTON, April 7 (Reuters) - The International Monetary Fund will assess Ukraine's progress in its talks with creditors but does not have to make any decisions in June, when its next review of the country's $17.5 billion bailout is due, the Fund's No. 2 official said on Tuesday.

Ukraine's officials have set themselves a June deadline to complete debt restructuring needed to plug a $15 billion funding gap in the IMF program. Many analysts are skeptical that deadline can be met.

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