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IMF backs down on unpopular tax changes for Ukraine, PM says

"During the Spring Meetings, we found understanding from our partners that this is indeed a sensitive topic and a non-constructive idea," Ukrainian Prime Minister Yulia Svyrydenko said on April 19 in a Telegram post, referring to the new VAT tax.

About Ukraine

The Kyiv Independent delivers reliable news, context, and on-the-ground reporting from Ukraine. The largest country located entirely in Europe, Ukrainian territory covers 603,628 square kilometers (233,062 square miles), and is bordered by seven countries, namely Russia, Belarus, Poland, Slovakia, Hungary, Romania, and Moldova. Ukraine traces its history back to the medieval state of Kyivan Rus.

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