On July 7, the Ministry of economy of Ukraine published 4 additional conditions imposed on Ukraine by the International Monetary Fund. After reviewing the fulfilment of these conditions, Ukrainians can count on a review by the IMF Commission and the accrual of the following Extended Fund Facility.
The first 2 conditions must be met by the end of September 2023 and 2 more by the end of October of the same year.
September:
- Activation of the article of the Budget code of Ukraine on medium-term planning, the debt program and the reduction of risks in the field of state guarantees;
- Shifting the focus of the 5-7-9 program only to small and medium-sized businesses.
October:
- The strategy of state tax and customs services
- Selection of participants and appointment of observers for the gas transmission system operator of Ukraine.;
By August, Ukraine must also return the 2% single tax. Ukraine has already fulfilled 5 conditions, and 13 more are to come.
