The International Monetary Fund has approved a 17.1 billion dollars bailout for Ukraine, to help the country's beleaguered economy. The money will be released over two years, with the first instalment of 3.2 billion dollars immediately available.The loan, pledged in March, is dependent on strict economic reforms, including raising taxes and energy prices, and freezing the minimum wage. The IMF loan will also unlock further funds worth 15 billion dollars from other donors. Head of the IMF, Christine Lagarde said, the loan was given the go ahead because decisive measures were taken by Ukraine.