The political developments come amid growing appeals by Kyiv for international military assistance.
On July 24, Deputy Defense Minister Ihor Kabanenko held a meeting with U.S. military officials in which he appealed for military support for Ukraine’s army, according to a statement on the ministry’s website.
“The current situation testifies to clear Russian interference in Ukraine and its military support to terrorist groups active in Ukraine’s eastern regions… Right now, Ukraine’s armed forces need international support more than ever before,” Kabanenko told David Baldwin, commander of the California National Guard, a federally funded military force in the U.S.
On July 21, Ukraine’s finance minister revealed recently that the government’s military operation was costing the state $130 million a month.
A bill foreseeing the expansion of U.S. military and technical aid.
Why Ukraine’s bailout money could end up in Russia
On Thursday, the U.S. House of Representatives overwhelmingly passed a measure that will fast-track $1 billion in loan guarantees to Ukraine.
Stratfor's Chausovsky said he believes that although the European Union has said that financial assistance given to Ukraine will not be used to pay for Russian natural gas, it could happen anyway.
A prominent Russian business source who spoke to CNBC on the condition of anonymity echoed those sentiments.
"The money that Ukraine gets from the EU will go straight to payments for gas," he said. "So, that money will 100 percent end up back in Russia," the source said.
Lilit Gevorgyan, senior economist at IHS Global Insight, said much depends on what develops with Ukraine's plans for keeping itself supplied with natural gas this year and beyond.
"However, it is expected that a large chunk of this loan will go into covering the current account gap and also financing the budget deficit," Gevorgyan said. "The Russian gas bill will also be a significant drain, although it also depends how much gas Ukraine is planning to import from Russia in 2014 and onward."
WASHINGTON: The head of the International Monetary Fund, Christine Lagarde, said on Tuesday (July 29) that Ukraine may need more international aid if its crisis with the pro-Russia separatist rebellion is prolonged.
"As it stands and under current circumstances and the set of our assumptions, which includes a conflict that eventually is resolved in a not-too-distant future, no additional financing is needed," Lagarde said at a news conference at IMF headquarters in Washington.
But "if any of those parameters changes... additional financing might very well be needed" in 12 months, said Lagarde, managing director of the 188-nation institution.
In late April, the IMF approved a US$17 billion line of credit to Ukraine, part of a US$27 billion international financial lifeline to the country's economy reeling from the rebellion blamed by the West on neighboring Russia, an accusation Moscow denies.
"If any those key parameters changes, we will have to revisit the whole strategy because we're talking about a different situation," Lagarde said.
The first installment of the aid, worth US$3.19 billion, was disbursed in early May.
The Ukraine crisis has escalated since the bailout began, with the pro-Russia separatists advancing their control of eastern Ukraine - the industrial engine of the economy - and the downing of a Malaysia Airlines passenger plane over the area in mid-July.
The IMF, which makes loan payouts conditional on a country's progress in achieving drastic economic reforms, is supposed to disburse its next aid installment to Kiev in late August but must be careful given the recent political crisis in the government, Lagarde said.
"All, of course, has to be supported by the government," she said.
The Ukrainian parliament is set to hold a special session on Thursday to decide whether to accept or reject the sudden resignation last Thursday of the prime minister, Arseniy Yatsenyuk.
"If elections were called during the year we would certainly seek the endorsement by the political leaders," Lagarde said.
Obama: Get your malingering ass off the golf course and do your job as the major influence on the world enterprise and sovereignty. That is your assumed responsibility as acquired in the last 116 years, like it or not. You cannot just decide to reestablish your role on your own,,,,,,, or just quit and run off like your father if you can't stay awake or aren't up to the job.. That is your position and no one else can do. At least Biden is a mean S.O.B. and may engage these brutal bastards.