IMF exempts Ukraine from sugary drink tax but demands tough decisions

As reported by Danylo Hetmanets’ Telegram channel

The IMF currently does not require Ukraine to introduce an excise tax on sugary drinks. However, the government will have to consider other measures that may be seen as challenging in the context of continuing cooperation and obtaining new financial support.

This was reported by Danylo Hetmanets, head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, after a meeting with representatives of the IMF mission.

Just had another meeting with IMF colleagues. We discussed the difficult decisions they developed together with the Ministry of Finance and the Cabinet. Some proposals – such as an excise on sweetened water – have so far been dropped

– Statement

At the same time, Hetmanets noted that for the adoption of a new credit program for Ukraine our government will indeed have to agree to a number of “not easy” decisions.

Indeed, the decisions will be difficult. And yes, today we are very dependent on the help of our partners, which is all tied to the IMF program

– Deputy

Context and Prospects for the IMF Program

Also read: IMF recommended granting the State Customs Service the status of a law enforcement agency

As reported, the International Monetary Fund proposed Ukraine a new financing program totaling about $8 billion over four years. The IMF Board of Directors’ decision on launching the program is expected in January 2026, and the first payment will be issued then.

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