Extending the VAT threshold to the simplified system means that 2026 should be used by the state for systematic explanatory work with businesses and parallel improvement of VAT administration. Without clear rules, simple procedures and a reduction in administrative disruptions, such a change will not fulfil its logic and will not be perceived as fair by businesses.

Ukraine is no longer implementing the old IMF program. There are high risks of delays in starting a new IMF program, as several previous measures are at risk of not being implemented.

Failure to meet the indicators of the Ukraine Plan for Q4 2025 could cost Ukraine more than €2.3 billion in lost funds, and in total, by the end of 2025, the volume of unmet indicators could cost more than €3.6 billion in lost financial support. It is important to note that the vast majority of these indicators are legislative initiatives, the adoption of which falls within the remit of the Verkhovna Rada of Ukraine, which underscores the importance of restoring the parliament’s responsibility for ensuring Ukraine’s full access to financing under the Ukraine Facility.