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Finance Minister: Ukraine urgently needs new IMF loan program

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Ukrainian Finance Minister Serhiy Marchenko told Bloomberg Radio that as Russia's war stretches Ukraine's finances to the limit, the country needs more foreign aid but that discussions on a new assistance package from the International Monetary Fund are ongoing. Ukraine has so far received $1.4 billion in emergency financing from the IMF this year.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The first license permits imports of diesel and jet fuel made from Russian oil if "the products have been processed in a third country," while the other allows the maritime transport of Russian LNG.

*Russia hits Ukraine's Chernihiv, Sumy oblasts in morning attacks, killing 5*Ukraine says it struck major Russian oil refinery, pumping station*China secretly trained Russian soldiers who later fought in Ukraine, Reuters reports*Russia launches large-scale nuclear forces drills after Belarus exercises *Russian military hospitals overwhelmed by wounded soldiers from war in Ukraine, media reportsT

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