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Ukraine Passes Limited Reform Bills as Funding Deadlines Loom

Stalled tax changes put lender disbursements at risk.

Overview

  • Following Tuesday and Wednesday's voting push, parliament extended the wartime military tax for three years after the war.
  • Lawmakers advanced only part of the IMF package, passing just one of four new taxes, while a levy on digital‑platform income cleared a first reading and the unpopular self‑employed tax was left off the agenda.
  • Parliament fully approved three EU alignment bills under the Ukraine Facility, and Economy Minister Oleksii Sobolev said those measures could unlock roughly €1.3 billion.
  • Progress on World Bank conditions lagged, with only one of four required bills passed ahead of an April 20 deadline tied to a $3.35 billion loan.
  • Falling short on reforms puts a June IMF tranche of about $700 million at risk and leaves Kyiv searching for funds to cover a $52 billion 2026 budget as Hungary continues to block a €90 billion EU loan.