Ukraine, IMF reach preliminary deal to give Kyiv access to around $1.1 billion
23 Articles
23 Articles
During their mission to Ukraine, experts from the International Monetary Fund (IMF) called for increasing the value added tax (VAT) in the country by two percentage points. This was reported by TASS with reference to data from the Kiev media. The level of total Ukrainian VAT is now 20 percent. The rate of 7 per cent is used for medicines, and 14 per cent for some agricultural products. As journalists found out, the IMF proposed to raise all thes…
IMF, Ukraine reach deal that would give it access to US$1.1 billion
The International Monetary Fund said on Tuesday (Sep 10) it had reached a preliminary agreement with Ukraine that would give the war-torn country access to about US$1.1 billion in financial assistance.
The Ukrainian Government and the International Monetary Fund (IMF) today reached an agreement on the fifth revision of the current aid program, opening the door to the payment of a new tranche of 99.6 billion euros. This new installment of 1.1 billion dollars (99.6 million euros), which has yet to be validated by the IMF's board of directors, will bring to 8.7 billion dollars (7.9 billion euros) the funds already paid to Ukraine, totaling 15.6 b…
Now the next step is to review the agreements by the Board of Directors of the International Monetary Fund.
Ukraine, IMF reach preliminary deal to give Kyiv access to around $1.1 billion
The International Monetary Fund (IMF) has reached a preliminary agreement with Ukraine to provide Kyiv with about $1.1 billion in financial assistance, the IMF announced on Sept. 10.The IMF team led by Gavin Gray held week-long negotiations with the Ukrainian authorities in Kyiv on the fifth review of the country's four-year Extended Fund Facility (EFF) program.The EFF is a long-term funding agreement that will allow Ukraine to access $15.6 bill…
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