IMF concludes mission on Ukraine, urges authorities to avoid eroding tax revenues

Local residents stand near firewood delivered by the local administration to heat their houses, as Russia's attack on Ukraine continues, in the village of Derhachi, Kharkiv region, Ukraine October 20, 2022. REUTERS/Vyacheslav Madiyevskyy

An IMF team held productive discussions with Ukrainian authorities this week and will work in coming weeks on their request for enhanced program monitoring in the wake of Russia's invasion, IMF mission chief Gavin Gray said on Friday.

Gray said International Monetary Fund staff met for four days in Vienna with Ukrainian authorities, and discussed their findings with Finance Minister Serhiy Marchenko and Governor of the National Bank of Ukraine Andriy Pyshnyi.