International Monetary Fund
The President signed laws on income earned through digital platforms and VAT on purchases worth up to €150. Non-commercial parcels worth up to €45 will not be taxed.
During the next plenary week, the Verkhovna Rada will consider the 2027 budget and a number of laws to fulfill commitments to the EU and the IMF. The anti-corruption strategy may be withdrawn due to a lack of votes, putting €18 billion from the EU at risk.
The EU is considering the bloc’s budget for 2027 and support for Ukraine. The member states have still not agreed on the amount of future funding.
The EU is seeking partners to cover Ukraine's €70 billion funding shortfall in 2027. Brussels will approach Canada and Britain.
The U. S. budget deficit increased by 12% to reach $1.99 trillion. Interest payments on the debt exceeded $1 trillion for the first time.
Christine Lagarde could be elected head of the WEF as early as November, which would lead to an early change in the ECB leadership. No final decision has yet been made.
The Rada adopted customs and tax changes: VAT on such parcels will be charged from the first euro. The new rules will take effect no earlier than July 2027.
German Finance Minister Lars Klingbeil reaffirmed Germany’s unwavering support for Ukraine and said it expects political reforms. The EU is seeking additional funding.
Ukraine’s need for external financing for 2027 exceeds $52 billion, of which more than $32. 6 billion still needs to be raised. Defense spending could reach 44% of GDP.
Parliament updated the property valuation system and created a group to select members of the Accounting Chamber. These decisions are needed for an EU loan.
Ukraine's funding for 2026 has already been secured, but there is a funding shortfall for 2027. The EU is calling on partners to contribute to the support.
The IMF expects Ukraine’s GDP to grow by 1% in 2026 and 3. 5% in 2027. Inflation will stand at 8.9% and 8.7%, respectively.
Payments to the military and social programs are being funded on time and in full through the end of the year. The EU has already provided Ukraine with €10 billion, with another €17 billion expected.
AI may transform or eliminate 40% of jobs and reduce demand for newcomers. At the same time, it supports global growth at 3%.
The World Bank is discussing crisis financing with 30–40 countries amid energy shocks and rising prices. The bank is ready to mobilize up to $100 billion.
Consumer prices in Ukraine rose by 2. 1% in September. Eggs saw the largest increase, rising by 43.6%, while sugar rose by 8.3%.
Scott Bessent will not travel to the IMF and World Bank meetings in Bangkok due to domestic affairs. The U.S. delegation will be led by his deputies.
Ukraine’s international reserves decreased by 3. 2% to $47.1 billion in September. The NBU sold $5.45 billion in foreign currency, while the state made debt payments.
Brussels has not approved additional support, demanding reforms to unlock around €34 billion. The conditions include changes to VAT and platform taxation.
The EU has refused to provide Ukraine with part of the loan ahead of schedule due to doubts about the deficit assessment and demands for reforms.
Ukraine has stated that it needs additional billions of euros in 2026–2027. The EU may return to discussions of frozen\r\nRussian assets.
According to the IMF's estimate, Ukraine may face a shortfall of $30–35 billion in 2027, $17 billion in 2028 and $2 billion in 2029. Donors are seeking funds.
Ukraine must pay for orders of drones and missiles in October–November to ensure deliveries at the beginning of the year. The EU and the IMF support efforts to find the funds.
Zelenskyy said that the IMF would help find some of the funds for Ukraine's financial stability next year. They also discussed commitment laws.
Global government debt has reached a record high and will exceed 100% of global GDP by 2029. The IMF has urged governments to reduce deficits.
Against the backdrop of a severe budget deficit and the forced restriction of government spending, it is particularly important to preserve businesses that continue to operate and pay taxes. At the same time, the aviation industry, which despite the closed airspace paid almost UAH 27 billion in taxes and fees in 2022–2025, has come under pressure due to a new interpretation of aviation leasing taxation.
The 2027 draft budget envisages a deficit of 15% of GDP and debt exceeding 110% of GDP. UAH 4.885 trillion is planned to be allocated to security and defense.
Oksana Syroyid called on Ukraine to take responsibility for the functioning of its institutions itself. According to her, foreign experts are unable to change the system.
Despite the reform and change in the BEB leadership, businesses continue to complain about the Bureau’s actions. The situation involving airlines, against which criminal proceedings were opened due to the interpretation of leasing payments as royalties, is illustrative.
Ukraine and Canada agreed to jointly produce drones, electronic warfare systems, and ammunition. The parties are also preparing a Drone Deal and defense supplies.