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2:38 AM
Russian forces shelled nine communities in Sumy Oblast on May 28, firing close to 50 rounds from various types of weapons, the Sumy Oblast Military Administration reported on Telegram.
10:36 PM
The Russian military heavily shelled the Kupiansk district of Kharkiv Oblast on May 28, the State Emergency Service reported. As a result of the attack, a 74-year old woman suffered shrapnel wounds in the village of Kucherivka.
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5:08 PM
“The Air Defense Forces of Ukraine. You heard the air raid alarm differently than most people,” President Volodymyr Zelensky said in the aftermath of Russia's overnight attack on Kyiv on May 28. “You look up to destroy enemy missiles, aircraft, helicopters, and drones. Every time you shoot down enemy drones and missiles, lives are saved.”
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1:35 PM
The bill includes a complete ban on trade with Iran, investments, and transferring technologies, as well as stopping Iranian transit across the Ukrainian territory, and preventing the withdrawal of Iranian assets from Ukraine.
7:01 AM
Kyiv's air defenses shot down over 40 drones Russia launched at the capital overnight on May 28, in what the Kyiv City Military Administration says was the largest drone attack on the city since the start of Russia's full-scale invasion.

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Ukraine receives first $2.7 billion tranche of IMF financial package

by The Kyiv Independent news desk April 3, 2023 8:27 PM 1 min read
This audio is created with AI assistance

Ukraine has received a $2.7 billion tranche from the International Monetary Fund (IMF), the Finance Ministry reported on April 3.

On March 31, the IMF first announced that it had reached an agreement with Ukraine to provide a four-year financial aid package worth approximately $15.6 billion. This funding is part of a larger package worth $115 billion.

The $2.7 billion was set to be disbursed "immediately" to help maintain economic and financial stability in Ukraine "during a period of exceptionally high uncertainty," the IMF wrote.

According to the Finance Ministry, the Extended Fund Facility (EFF) Program is divided into two phases. The first phrase is set to be implemented in 2023-2024.

Its aim is to prioritize implementing a strong budget for 2023, increasing revenue mobilization without decreasing tax revenues, reducing inflation, stabilizing the exchange rate, maintaining adequate foreign exchange reserves, promoting long-term financial stability by assessing the banking sector's health and further establishing central bank independence.

The second phase of the EFF Program is set to aid with Ukraine's post-war reconstruction and European integration, the Finance Ministry wrote.

Von der Leyen: ‘I’m deeply convinced that Ukraine will win this war’
As Russian President Vladimir Putin makes his last-ditch attempt to break European support for Ukraine, European Commission President Ursula von der Leyen visited Kyiv on Sept. 15, saying that the EU will always stand by Ukraine’s side. “Putin has always tried to divide us wherever there might have…

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