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8:05 PM
Ukrainian forces achieved some success around Bakhmut but suffered "significant" losses in personnel and heavy equipment, CNN wrote on June 8, citing U.S. officials. Although Kyiv's troops managed to overrun Russians in some areas, they encountered heavier resistance than expected, according to the report.
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3:27 PM
A civilian died in the village of Vasylivka in flooding caused by the Kakhovka dam collapse, Mykolaiv Oblast police head Serhii Shaikhet said on June 8. The 53-year-old man refused to evacuate a day before, the official added.
1:29 PM
An explosion was heard in the Russian-occupied city of Luhansk in Ukraine’s east on the morning of June 8, Ukrainian news outlet Suspilne reported citing residents. Smoke is rising in several areas of the city, in particular, over the Luhansk locomotive plant, as well as a food factory, Suspilne wrote.

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PM Shmyhal: IMF may launch $15 billion program for Ukraine

by The Kyiv Independent news desk February 20, 2023 9:50 PM 1 min read
This audio is created with AI assistance

Kyiv expects the International Monetary Fund (IMF) to launch a new multi-year program for Ukraine amounting to $15 billion, Prime Minister Denys Shmyhal said after a Feb. 20 meeting with the IMF head Kristalina Georgieva.

"It is planned that the program with the IMF will consist of two parts: immediate financial support and support for structural reforms that will contribute to (Ukraine's) recovery," Shmyhal said on Telegram.

Georgieva and her team arrived in Kyiv on Feb. 20 to meet with Ukrainian officials and "discuss the mechanisms of financial support for Ukraine," according to the prime minister.

President Volodymyr Zelensky also met with the IMF chairwoman.

"The IMF's support creates an opportunity for Ukraine to remain strong. It is also a weapon — an economic weapon that enables us, our society, and our business to develop," reads Zelensky's post.

Georgieva said on Oct. 25 that Ukraine’s external financing needs in 2023 would be around $3 billion to $4 billion a month in a best-case scenario but could reach $5 billion as Russia targets the country’s critical infrastructure.

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