KYIV, March 24 – Ukraine on the issue of tax reform needs to find a balance between competing goals, namely mobilizing resources for the state and creating incentives for economic growth, World Bank Vice President for Europe and Central Asia Anna Bjerde said.

She said at the Ukrainian Tax Reform and Anti-Corruption Summit in Kyiv that there could done both, it was a matter of balance and the right sequence.

Bjerde recalled that Ukraine has been reforming the tax system since 2015, but the task is becoming more difficult because of the war.