In Mukachevo, recruitment officers detained and beat the co-owner of a bookstore chain and used violence against his wife
September 4, 2024
The IMF is sending its first mission to Russia since the start of the major war
September 4, 2024
Ukrainian authorities expect that this week the International Monetary Fund (IMF) will “push” them towards devaluing the hryvnia, lowering interest rates, and increasing taxes to cover the budget deficit.
This was reported by Bloomberg, citing sources.
The IMF proposes this as a way to “inflate” Ukraine’s budget revenues in hryvnia and make borrowing cheaper for the Ministry of Finance.
According to the publication, the current government plan to raise taxes is considered too lenient by the IMF. Specifically, a value-added tax (VAT) increase is being proposed.
As a result of the meetings, Ukraine could receive $1.1 billion.
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