Support Us

News on February 20: IMF Head arrives in Kyiv, new package of financial support from Japan

Monday, 20 February 2023, 20:31

MONDAY, 20 FEBRUARY 2023, 21:00 - EKONOMICHNA PRAVDA

About the International Monetary Fund (IMF). The managing director of the IMF, Kristalina Georgieva, arrived at Kyiv on a visit on Monday, 20 February.

Ukrainian President Volodymyr Zelensky met with Kristalina Georgieva, who on Monday, 20 February 20, arrived in Kyiv on a visit.

Advertisement:

Ukraine expects to launch a new multi-year large program with the IMF worth more than US$15 billion.

Financial support from Japan. Japanese Prime Minister Fumio Kishida announced a new package of financial support for Ukraine in the amount of US$5.5 billion.

About the abolition of the 2% tax. The tax committee of the Verkhovna Rada supported as a basis a government draft law on the abolition of the simplified taxation system for sole proprietors (2% tax) from 1 July.

Advertisement:

About VAT for IT businesses. The Ministry of Finance of Ukraine doesnʼt support the introduction of a new benefit for the IT sector to exempt software products from Value-Added Tax.

About Naftogaz. Naftogaz Ukraine estimates its own losses at more than US$1 billion due to damaged or destroyed infrastructure.

Exclusive Ekonomichna Pravda content

Technologies have lost their benefit: how the work of the IT business has changed after VAT refund

Since 1 January 2023, the technology sector has returned to paying value-added tax, from which it was exempt for ten years. How much did the benefit cost the budget and how will VAT affect Ukrainian IT companies?

Journalists fight on their own frontline. Support Ukrainska Pravda or become our patron!

Advertisement: