US EditionUkraine wants to change main condition for receiving new IMF loan: Report
Ukraine plans to raise the VAT threshold for entrepreneurs from 1 million to 4 million hryvnias to ease financial pressure and secure an $8.1 billion IMF loan.
8 Articles
8 Articles
Ukraine is trying to soften the demand of the International Monetary Fund to adopt an unpopular tax bill, which is a key condition for obtaining a new loan of more than $8 billion.
Ukraine seeks to soften key condition for new IMF loan, Bloomberg News reports
Feb 6 (Reuters) – Ukraine is seeking to soften an unpopular tax bill demanded by the International Monetary Fund as a condition to unlock more than $8 billion under a financing programme, Bloomberg News reported on Friday, citing people familiar with the matter. Ukraine’s finance ministry is finalising a draft law to raise taxes on business, the report said, adding that it was opposed by President Volodymyr Zelenskiy, Prime Minister Yuli…
Ukraine is negotiating to amend the terms of a loan worth more than eight billion dollars, which is crucial for the country's further financing.
Ukraine wants to convince the International Monetary Fund (IMF) to ease tax conditions that the fund requires for another loan of more than $8 billion, Bloomberg reported on Friday, citing sources familiar with the situation.
Ukraine is seeking to soften an unpopular tax law required by the International Monetary Fund as a condition for receiving over $8 billion in financing under the program, RBC-Ukraine reports, citing Bloomberg. Read also: IMF Loan in Threat? Ukraine Seeks to Change Program Terms Due to Sole Proprietorship The IMF's Position and Government Resistance The Ukrainian Ministry of Finance is finalizing a bill raising taxes for businesses, which is one …
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