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The IMF has expressed concerns that several recent Ukrainian budget initiatives could threaten an $8B loan.
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The IMF has expressed concerns that several recent Ukrainian budget initiatives could threaten an $8B loan.
These initiatives include tax incentives for individual entrepreneurs (FOPs) and specific industries, as well as a proposal to provide complimentary rail transportation. The discussion arises alongside negotiations for a new four-year, $8B loan program. The IMF has indicated that these measures may undermine Kyiv’s already fragile fiscal stability. Concurrently, the IMF is expected to present a series of requirements during the ongoing negotiati…
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