IMF: Ukraine Needs to Mobilize Internal Revenues for Critical Expenses.

The International Monetary Fund emphasizes the need for Ukraine to increase internal revenues, including the introduction of financial constraints and the growth of tax revenues, said Julia Kozak, Director of the IMF's Communications Department.

According to her: "The mobilization of internal revenues is a key component of the Fund's program until 2025 and will help create space for critically important expenses. It is also important to maintain reserves to respond to challenges and restore fiscal and debt sustainability".

These comments concern the conclusions of the fifth review of the EFF program for Ukraine, in which the IMF also underscores the need for financial constraints and ensuring debt sustainability in the 2025 budget. The Fund emphasizes the significance of increasing tax revenues to create space for critical expenses, maintain necessary reserves, and restore fiscal stability.

Source: Ukrinform