The International Monetary Fund will allot money to Ukraine on tax reforms

The International Monetary Fund (IMF) announced about understanding on additional financing of tax reforms, which will take place in Ukraine. The decision about additional financing at the rate of 17 millions of USD was taken on the working conference.

Ukraine is going to carry out several tax reforms. For instance, the government is planning to make the scale of personal income tax more progressive.

When the four-year loan to Ukraine becomes affirmed by the Board of Governors and Ministerial Committees, a special agreement with Ukraine will be concluded.

The source: http://www.imf.org/external/np/tr/2015/tr021215.htm