The International Monetary Fund (IMF) said on Friday it was concerned by signs Ukraine’s parliament might reject a proposed tax code and budget for 2016, warning that this could further disrupt its $17.5 billion bailout program.
Disagreement in parliament over critical tax reforms and the draft budget has held up the disbursement of a third $1.7 billion tranche from the IMF at a time when divisions in the ruling coalition have raised concerns the government could fall.
The government has sought to compromise on its tax proposals with parliament, but the IMF said lawmakers’ discussions on Thursday amounted to an effective rejection …read more
Source: Voice of America
