While developing the tax reform, the Ukraine government obtained assistance only through counsel and the expert consultations, including those from PwC provided in the framework of the UK technical aid.
Ukrainian Finance Minister Natalie Jaresko has said that she is not completely confident that the adopted budget and taxation bills will be approved by the International Monetary Fund (IMF).
Idle liquidity of the Ukrainian government in the form of ending stocks on the single treasury account today is UAH 2.7 billion, Finance Minister of Ukraine Natalie Jaresko said at the parliament on Thursday.
Ukraine could return to the foreign capital market in late 2016 or early 2017 if the macroeconomic situation in the country is favourable, Deputy Finance Minister of Ukraine Artem Shevalev has said.
Ukraine has managed to achieve macroeconomic stability, while simultaneously the country needs more international financial assistance in the amount of at least $7.5 billion to restore economic growth, Finance Minister Natalie Jaresko has said.
Ukraine's Ministry of Finance is committed to the idea of tax reform to restore economic growth in Ukraine, however, the condition for reform agreed with the International Monetary Fund (IMF) is keeping the 2016 budget deficit at 3.7% of GDP, Finance Minister Natalie Jaresko has said.