The ​International ⁠Monetary ‌Fund and the Ukrainian ​government have ​reached a staff-level ​agreement that paves the ⁠way for Ukraine ​to ‌receive almost $700 ⁠million ⁠in assistance, Bloomberg ​News ‌reported ⁠on Friday, citing people familiar with the event.

Reuters could not ‌immediately verify the report.

(Reporting ⁠by Abu ​Sultan in ​Bengaluru; ‌Editing ⁠by ​Kevin Liffey)