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Ukraine's Government continues discussion with IMF on gas prices hike, - Finance Ministry

Source : 112 Ukraine

According to Oksana Markarova, Ukraine's Finance Minister, the budget of the country is another key question for another IMF tranche
14:14, 23 November 2018

Oksana Markarova, Ukraine's Finance Minister
Open source

Ukraine’s Cabinet of Ministers continue discussing gas prices hike with the International Monetary Fund, This issue remains one of the key ones in terms of adoption of the programme of the cooperation, as Oksana Markarova, Finance Minister, said at the briefing, broadcasted by 112 Ukraine.

“The question of the energy reform and gas prices hike and tariff increase related to this – is one of those we are discussing,” she said.

Related: Ukraine’s Cabinet of Ministers approves Free Trade agreement with Israel

At the same time, Markarova specified that there are two main subjects of the discussion with the IMF.

“The question of the budget, of course, and transfer to the market prices. Therefore, the Cabinet of Ministers has adopted the decree. Now, the tariffs are being revised, and we are conducting talks with the IMF to go on to the board directors,” she specified.

Related: What Ukraine's Cabinet of Ministers holds for country's economy

Earlier, gas prices in Ukraine for the population increased by 23,5% since November 1. Gas costs $305 for a thousand cubic meters.

As it was reported, Ukraine and the IMF reached an agreement on a new stand-by program for $3,9 billion right after the Cabinet of Ministers decided to increase the tariffs.

Related: Ukraine to get new IMF credit in December 2018, - Prime Minister

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