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Home > Finance > Ukraine seeks to soften key condition for new IMF loan, Bloomberg News reports

Ukraine seeks to soften key condition for new IMF loan, Bloomberg News reports

Published by Global Banking & Finance Review®

Posted on February 6, 2026

1 min read

Last updated: February 6, 2026

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Tags:International Monetary Fund tax administration financial crisis corporate tax business investment

Quick Summary

Ukraine is negotiating with the IMF to adjust tax conditions for a loan exceeding $8 billion. The proposed tax changes face opposition from Ukraine's leadership.

Ukraine seeks to soften key condition for new IMF loan, Bloomberg News reports

Ukraine's Negotiations with the IMF

Feb 6 (Reuters) - Ukraine is seeking to soften an unpopular tax bill demanded by the International Monetary Fund as a condition to unlock more than $8 billion under a financing programme, Bloomberg News reported on Friday, citing people familiar with the matter.

Proposed Tax Changes

Ukraine's finance ministry is finalising a draft law to raise taxes on business, the report said, adding that it was opposed by President Volodymyr Zelenskiy, Prime Minister Yulia Svyrydenkoand many lawmakers.

Reuters could not immediately verify the report.

Background on IMF Agreement

Ukraine and the IMF struck a preliminary agreement on a new, $8.1 billion lending programme last year that still needs approval from the fund's Executive Board.

(Reporting by Ananya Palyekar in Bengaluru; Editing by Alex Richardson)

Key Takeaways

•Ukraine seeks to modify tax conditions for an IMF loan.
•The proposed tax bill is unpopular among Ukraine's leaders.
•The IMF loan is valued at over $8 billion.
•Ukraine's finance ministry is drafting a new tax law.
•The agreement requires IMF Executive Board approval.

Frequently Asked Questions about Ukraine seeks to soften key condition for new IMF loan, Bloomberg News reports

1What is the International Monetary Fund?

The International Monetary Fund (IMF) is an international organization that aims to promote global economic stability and growth by providing financial assistance and advice to member countries.

2What is a financial crisis?

A financial crisis is a situation where the value of financial institutions or assets drops significantly, leading to widespread economic instability and loss of confidence.

3What is business investment?

Business investment refers to the allocation of resources, such as capital or labor, to create or expand business operations with the expectation of generating profit.

Ukraine's Negotiations with the IMF

Proposed Tax Changes

Reuters could not immediately verify the report.

Background on IMF Agreement

Ukraine and the IMF struck a preliminary agreement on a new, $8.1 billion lending programme last year that still needs approval from the fund's Executive Board.

(Reporting by Ananya Palyekar in Bengaluru; Editing by Alex Richardson)

Frequently Asked Questions

1What is the International Monetary Fund?

The International Monetary Fund (IMF) is an international organization that aims to promote global economic stability and growth by providing financial assistance and advice to member countries.

2What is a financial crisis?

A financial crisis is a situation where the value of financial institutions or assets drops significantly, leading to widespread economic instability and loss of confidence.

3What is business investment?

Business investment refers to the allocation of resources, such as capital or labor, to create or expand business operations with the expectation of generating profit.