Can Ukraine maintain financial stability without raising taxes? Monitoring RRR4U

The Centre for Economic Strategy and colleagues from the RRR4U* consortium continue to monitor the Ukrainian government’s compliance with its commitments to international partners. We presented the monitoring of the implementation of the IMF program and the Ukraine Plan in May 2025. The special topic: “Can Ukraine maintain financial stability without raising taxes?”.

The spotlight is on the ongoing dialogue between the Ukrainian government and the International Monetary Fund over the necessity of introducing tax reforms.

According to media reports, recent consultations in Washington covered potential measures such as raising the VAT rate, introducing a progressive personal income tax scale (PIT), and stepping up efforts to combat the shadow economy.

Invited speakers:

• Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy.
• Anton Kharytonov, representative of the National Restaurant Association of Ukraine.
• IMF Representatives (TBC).

Moderator: Yurii Gaidai, Senior Economist at the Centre for Economic Strategy.

*RRR4U (Resilience, Reconstruction and Relief for Ukraine) is a consortium of four Ukrainian civil society organizations: the Centre for Economic Strategy, the Institute for Economic Research and Policy Consulting, the Institute for Analytics and Advocacy, and DiXi Group.

RRR4U publishes monthly monitoring reports on Ukraine’s fulfillment of the conditions of key international financial programs with the IMF and the EU. You can find previous editions on the consortium’s website – https://rrr4u.org/.

The event is supported by the International Renaissance Foundation.