Bloomberg: IMF and Ukraine agree on next tranche of nearly $700 million, although Kyiv has not fulfilled condition on tax on international parcels

Author:
Veronika Dovhaniuk
Date:

The International Monetary Fund (IMF) and Ukraine have agreed on the next tranche of a loan of almost $700 million, although Kyiv has not fulfilled the condition — it has not adopted a law on a tax on international parcels.

Bloomberg writes about this, citing sources.

According to the source, IMF has allowed Kyiv to postpone the adoption of a law on a 20% tax on international parcels worth over €45 until July.

The final decision is up to the IMFʼs Board of Directors. Sources also say the deal could be announced as early as today.

On June 9, the Verkhovna Rada already passed a law on revenues from digital platforms, which became known as the "OLX tax" — this was also one of the IMFʼs conditions.

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