It is important for the Ukrainian authorities to implement structural reforms agreed upon within the new $8.1 billion loan package approved by the IMF Executive Board on Thursday, the head of the International Monetary Fund mission to Ukraine said on Friday, UNN reports with reference to Reuters.
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Gavin Gray told reporters that "Ukraine has agreed to adopt a package of tax measures related to the value-added tax (VAT) threshold by the end of March." "The sooner these changes come into force, the better," Gray said.
Ukraine agreed to commitments under the IMF program for $8.1 billion - list27.02.26, 10:07
Deputy Mission Chief Trevor Lessard said the IMF was closely monitoring reports that some of Ukraine's dollar bondholders, who had agreed to a previous restructuring, were seeking ways to obtain better terms, concerned that the December restructuring would put them at a disadvantage.
The current loan does not provide for additional debt service payments, but the IMF will change its approach if necessary, Lessard said.