Ukraine seeks to soften key condition for new IMF loan, Bloomberg News reports


Feb 6 (Reuters) - ‌Ukraine is seeking to ‌soften an unpopular tax ‌bill demanded by the International Monetary Fund as a condition to ‍unlock more than $8 billion ‍under a ‌financing programme, Bloomberg News reported ‍on Friday, ​citing people familiar with the ⁠matter.

Ukraine's finance ministry is finalisinga draft ‌law to raise taxes on ⁠business, the ‍report said, adding that it was opposed by ‍President Volodymyr Zelenskiy, Prime ‌Minister Yulia Svyrydenkoand many lawmakers.

Reuters could not immediately verify the report.

Ukraine and the IMF struck a preliminary agreement on a new, $8.1 billion lending ‌programme last year that still needs approval from the fund's ​Executive Board.

(Reporting by Ananya Palyekar in Bengaluru; Editing by Alex Richardson)

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