- An IMF mission will visit Ukraine soon to assess economic reforms and tax base expansion, crucial for an $8.1 billion loan and EU accession.
- The focus will be on introducing VAT for low-value international parcels and individual entrepreneurs (FOPs).
- Ukraine needs to mobilize more domestic financing and formalize its large informal economy, which is about 45% of GDP.
- Comprehensive reforms are required under the IMF loan program and for EU membership.
- The IMF will review Ukraine’s progress in June, with VAT measures to be discussed but no details on possible easing of loan conditions.
Source: unn.ua
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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