This paper focuses on Ukraine's tax administration reforms and governance options. The main purpose of this paper is to develop enhancing measures to support Ministry of Revenue and Duties in meeting government's commitments under IMF program. This paper recommends to cease revenue deferral...

This paper discusses State Fiscal Service (SFS) Reform of Ukraine and a plan of action. This mission is a follow-up to the Fiscal Affairs Department (FAD) mission of July 2014 and has focused on the recently adopted reform plan for revenue administration in the SFS. In 2015, the revenue...

This paper discusses various public finance management reforms required for state-owned enterprises (SOEs), which is high priority of the government. High levels of direct and indirect state support are adding to the significant risks emanating from the SOE sector, a problem that is being...

The Government is implementing a (i) Macroeconomic Stabilization Program, which is focused on strengthening fiscal and debt sustainability; reducing inflation; promoting a more flexible exchange rate regime; improving financial sector stability; and addressing pressures on correspondent banking...

A 36-month Extended Arrangement under the Extended Fund Facility (hereafter the 'arrangement') was approved last December, with access of SDR 2,673 million (361 percent of quota). Lower international oil prices would reduce oil revenues, widen the current account deficit, and stymie growth...