"We believe firmly that any changes to Ukraine's tax system should be the result of honest and open discussion between the government, MPs and both Ukrainian and foreign businesses operating here. Any changes must be fiscally sustainable. Equally important, changes must be consistent with Ukraine's commitments to the International Monetary Fund (IMF). In our view, any draft law under discussion in the Verkhovna Rada should take this into account," the statement reads.
"The current government has worked hard and constructively to meet its IMF obligations over the last year or so. We welcome this and stand ready to work with parliamentarians and the Government going forward to ensure that the programme stays on track and delivers ever greater stability and the conditions for growth," G7 Ambassadors also noted.
It should be reminded that the Finance Ministry and the Verkhovna Rada deputies submitted their own versions of the tax reform. The Finance Ministry developed a more conservative project reducing the 2016 budget by 60 billion hryvnia, which has the support of the International Monetary Fund.