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Central bank chief: Ukraine wants to have new $15-20 billion loan program with IMF by end of year

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Kyrylo Shevchenko, governor of Ukraine's central bank, told Reuters that a request aimed at stabilizing the country's shrinking economy had already been submitted to the International Monetary Fund. "The IMF has always acted as Ukraine's partner during the war," said Shevchenko.

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"At a time when Russia continues its war of aggression against Ukraine, systematically destroying our cities, cultural heritage and national identity, granting one of the world’s most prestigious cultural platforms to a project connected to the Russian state and its networks of influence sends an extremely troubling signal," the Foreign Ministry said.

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