The IMF promotes conditions for post-war Ukraine’s stable and long-term economic growth.

Ukraine should strengthen the mobilization of domestic revenues to finance social and infrastructure needs, according to the permanent representative of the IMF in Ukraine, Vahram Stepanyan.

“For post-war Ukraine, this will be the main prerequisite for sustainable and long-term economic growth. Measures that reduce tax revenues or destroy the existing tax base limit Ukraine’s ability to achieve reconstruction and development goals, which negatively affects long-term economic growth,” he noted.

According to Stepanyan, the new program with the IMF is designed to promote stable and reliable economic growth. Moreover, one of the tools for this is an effective and fair tax policy, which makes it possible to redistribute state resources to meet the country’s social and infrastructural needs while increasing competitiveness by ensuring a level playing field for business.