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Ukraine must maintain strong policy on tax front for macro stability: IMF
Journal Staff Report

KYIV, Dec 12 – Ukraine, in the face of extremely uncertain prospects caused by the war, needs to maintain a strong policy on the tax front to maintain macroeconomic and financial stability - launch and vigorously implement the National Revenue Strategy and quickly develop concrete measures to promote the mobilization of domestic revenues, IMF Mission Chief for Ukraine Gavin Gray said.

"Over the course of the program, we expect the authorities to progressively bring down the budget deficits that will require in particular measures to rebuild domestic revenues tax revenues, we expect revenues to rise between three to four percentage points of GDP. A key initiative to achieve that is a national revenue strategy which we expect the authorities to launch this month," Gray said.




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