BRUSSELS, February 12. /TASS/. The IMF and Ukraine have made a deal on an additional loan worth $17.5 billion, the head of the IMF, Christine Lagarde said on Thursday.

The total amount of IMF assistance for Ukraine with the new loan will reach $40 billion. In exchange, Ukraine will need to develop a system of economic reforms, including the restructuring of Naftogaz.

"For now this deal has been reached with Kiev on an expert level. The program has not been approved by the Board of Directors. I hope to bring it to them for approval before the end of February," Lagarde said.

The head of the IMF did not answer the question whether or not the four-year loan to Ukraine includes the loans provided by the Russian Federation.

"That amount consists of IMF funds, the EU, as well as loans from bilateral and multilateral agreements," Lagarde said.