The loan program will span four years, run in two-phases, with the first phase focused on helping Ukraine close its massive budget deficit and steady disinflation, the IMF said in a statement Friday, which would ease the crunch on government spending. In October, the IMF said Ukraine needed as much as $5 billion a month and Russia has since only continued its destructive campaign, despite the United Nations General Assembly passing a non-binding resolution that called on Russia to make reparations to its neighbor in November. Ukraine will also be required to develop “independent and effective anti-corruption institutions” to help mitigate corruption risks and boost donor confidence, the IMF said