September 22, 2024
The IMF will require Ukraine to increase VAT in the event of an increase in expenditures - Pidlas thumbnail
Economy

The IMF will require Ukraine to increase VAT in the event of an increase in expenditures – Pidlas

The head of the Verkhovna Rada’s Budget Committee, Roksolana Pidlas, noted that in the event of an increase in non-revenue-supported expenditures in the 2025 budget, the International Monetary Fund will require Ukraine to increase VAT.”, — write: www.epravda.com.ua

The head of the Verkhovna Rada’s Budget Committee, Roksolana Pidlas, noted that in the event of an increase in non-revenue-supported expenditures in the 2025 budget, the International Monetary Fund will require Ukraine to increase VAT.

People’s deputy about this noted in the author’s column on EP.

“In particular, we have an understanding that in the case of an increase in expenditures that are not covered by real incomes, the IMF will demand from Ukraine an increase in VAT by at least 2 percentage points,” Pidlasa said.

She added that there will be no significant changes to the 2025 budget, and the project has been agreed with the IMF. In this context, in the event of an increase in expenditure, the IMF will require an increase in VAT by two percentage points.

Read also: Where will Ukraine take and what will it spend money on in 2025. Analysis of the state budget project

We will remind:

A new loan from the European Union for 35 billion euros will be provided in the form of a program of macro-financial assistance (Macro-Financial Assistance – MFA) for 2024-2025 and will be repaid at the expense of profits from the frozen assets of Russia in the EU.

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