🇪🇺 The European Union and the International Monetary Fund are demanding changes in Ukraine’s taxation of international parcels as one of the conditions for receiving part of the financial assistance. This was reported by Bloomberg.
Source: Censor.NET
The measure concerns the macro-financial part of the program worth around €8.4 billion within a broader support package that could reach €90 billion. According to sources, EU countries have already approved the conditions of this program.
To receive the funding, Ukraine must adopt amendments to tax legislation, including expanding the list of foreign parcels subject to 20% VAT. Payments are expected in tranches: the first in June, the second in September, and the third by the end of the year after reform conditions are met.
Bloomberg notes that this requirement mirrors conditions set by the IMF under a separate $700 million assistance program. The European Commission coordinates part of its requirements with the international lender.
Overall, the €90 billion EU support program for Ukraine is planned for 2026–2027 and is intended to cover the budget deficit, defense spending, infrastructure reconstruction, and public debt servicing.
The EU plans to provide funds in the form of concessional loans and partly grants, disbursed in tranches linked to reform implementation. Key conditions include tax reform, de-shadowing of the economy, anti-corruption measures, and customs reform.
The EU and IMF emphasize that Ukraine must gradually increase its domestic budget revenues and reduce dependence on external financing. This includes expanding the tax base and shrinking the shadow economy.
Since 2022, the EU has been one of Ukraine’s main donors, providing tens of billions of euros in macro-financial, humanitarian, and energy assistance. The new package is currently in the stage of political coordination.
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