Ukraine's government submits four draft laws tied to €1.45 billion EU tranche
Ukraine's Cabinet of Ministers approved and sent to the Verkhovna Rada, Ukraine's parliament, four draft laws that are conditions for receiving the third €1.45 billion tranche of EU macro-financial assistance and are tied to broader obligations to the EU and IMF. Prime Minister Serhiy Koretsky announced the move, framing it as necessary for unlocking a significant portion of the $29.5 billion in expected partner assistance.
Key points
- Cabinet of Ministers approved and submitted four draft laws to the Verkhovna Rada.
- Adoption is a condition for the third €1.45 billion tranche of EU macro-financial assistance.
- Draft law 1: simplifies VAT administration for individual entrepreneurs (FOPs) and raises the threshold for unscheduled inspections on budget VAT refunds and negative VAT from UAH 100,000 to UAH 1 million.
- Draft law 2: aligns transfer pricing rules with OECD and EU standards.
- Draft law 3: proposes merging key capital market institutions into a holding and attracting an international strategic investor via open competition.
- Draft law 4: introduces single-judge consideration in the High Anti-Corruption Court (HACC) for civil cases on recognizing assets as unjustified and administrative sanction cases.
- Koretsky said the laws are part of Ukraine's obligations to the EU and IMF and a precondition for receiving a significant part of $29.5 billion in partner assistance.
Why it matters
The four draft laws are a precondition for disbursing the third €1.45 billion tranche of EU macro-financial assistance and are tied to Ukraine's broader $29.5 billion partner assistance package. They touch tax administration for individual entrepreneurs, transfer pricing, capital market reform, and the efficiency of the High Anti-Corruption Court. Their passage is therefore directly linked to fiscal stability and defense financing.
What happened
Ukraine's Cabinet of Ministers approved four draft laws and submitted them to the Verkhovna Rada, announced by Prime Minister Serhiy Koretsky. The first simplifies VAT administration for individual entrepreneurs (FOPs) and raises the threshold for unscheduled inspections on budget VAT refunds and negative VAT from UAH 100,000 to UAH 1 million. The second brings transfer pricing rules into line with OECD and EU standards. The third proposes merging key capital market institutions into a holding structure and attracting an international strategic investor through an open competition. The fourth aims to increase the efficiency of the High Anti-Corruption Court (HACC) by introducing single-judge consideration of civil cases on recognizing assets as unjustified and their recovery to the state, as well as administrative cases on the application of sanctions. Adoption of the package is a condition for receiving the third €1.45 billion tranche of EU macro-financial assistance and forms part of Ukraine's obligations to the EU and IMF. Koretsky said a significant part of the broader $29.5 billion in expected partner assistance depends on joint effective work of the government and parliament.
Background
In February 2026, the European Parliament and the EU Council adopted a regulation on a Ukraine Support Loan of up to €90 billion for 2026–2027, including €8.35 billion in macro-financial assistance for 2026 in three tranches. The European Commission disbursed the first tranche of €3.2 billion in June 2026. Earlier in the week, President Volodymyr Zelensky publicly criticized MPs for failing to pass three earlier draft laws that could have unlocked more than $4 billion and called for decisions on which $30 billion in partner aid depends. Koretsky held a meeting with an IMF mission led by Gavin Gray as part of ongoing cooperation, with part of the international assistance tied to Ukraine passing the next IMF programme review.