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IMF Eases Program Terms for Ukraine, Raises VAT Threshold for Sole Proprietors to UAH 4 Million

  • The IMF has simplified conditions for a new Extended Fund Facility (EFF) program for Ukraine, revising preliminary measures and structural benchmarks.
  • The VAT threshold for sole proprietors will be raised to UAH 4 million, which will not affect two-thirds of sole proprietors.
  • Implementation details, including timing, are still being discussed and will likely be included in a consolidated tax bill.
  • Ukraine’s cooperation with the IMF is crucial for securing broader international financial support, including a EUR 90 billion EU loan.
  • A new four-year EFF program worth about $8.1 billion is planned for 2026–2029, as the current program ends in March 2027 and the war continues.

Source: interfax.com.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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