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Author: Olga Khomenko, Economic Programs Expert
Today, the IMF mission summed up its work in Ukraine over the period from November 2 to 17. During the visit, the IMF missionaries conducted a series of audits and consultations that should result in a decision to grant the next tranche.
IMF experts have noted some positive steps in the budget process: timely submission to Verkhovna Rada, as well as consideration of changes in tax legislation and anti-corruption standards.
However, this is only a small part of the future reforms, which should lead to the recovery. The IMF notes that further changes should be focused on public sector reform, tax policy and pension reform.