Bloomberg reports this, citing sources.
“Ukraine is considering a plan that includes expanding domestic bond sales, raising taxes and cutting spending to plug a budget hole in an attempt to keep money flowing from the IMF if crucial U.S. aid remains blocked,” the report notes.
It is emphasized that the Kyiv authorities plan to present their plan to the fund during the visit of IMF representatives to the capital of Ukraine next week.
The decision to raise taxes and take other financial steps is due to the fact that Ukraine fears that the IMF board of directors will not approve the next loan payment to the Ukrainian side in the absence of a financial plan.
Earlier, US Republican House Representative Andrew Clyde said that assistance to Ukraine in the amount of $60 billion under the new bill is more than the budget of the US Marine Corps.