According to him, Kiev needs to achieve success in a number of structural reforms.

“Again, it is important to improve governance and the fight against corruption, as well as reduce the role of the state and oligarchs, while pursuing fiscal and monetary policies to achieve macroeconomic stability,” the IMF press service quoted Rice as saying.

He also stressed that negotiations on a new cooperation program are ongoing.

Earlier, Ukrainian Prime Minister Alexei Goncharuk said that Kiev continues to negotiate with the fund regarding a new program.