IMF Reviews Ukraine Loan Amid Tax Legislation Delays

Reported 13 days ago

The International Monetary Fund (IMF) has commenced its assessment of the loan program with Ukraine, despite Kyiv's postponement in passing expected tax legislation. The IMF aims to potentially release another $1.1 billion to Ukraine, contingent upon Kyiv meeting certain economic benchmarks. Ongoing discussions will examine Ukraine's financial risks and a privatization strategy for state-owned enterprises, while the IMF also raises concerns about Ukrainian tax plans and governance issues.

Source: YAHOO

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