IMF reaches agreement with Ukraine on policies needed for disbursement

Visitors are silhouetted against the logo of the International Monetary Fund at the venue for an IMF meeting in Tokyo October 10, 2012. REUTERS/Kim Kyung-Hoon

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)