The Cabinet of Ministers of Ukraine suggests abandoning state regulation of tariffs for heating and hot water. It is proposed to transfer such powers to local authorities. This was announced by Prime Minister of Ukraine Denys Shmygal.
"The government is fulfilling its obligations under the program with the IMF. We have approved a draft law proposing to transfer the authority to set tariffs for heat, hot water, water supply, and sewerage from the local government," Shmygal said.
The bill has yet to be supported by the Verkhovna Rada.
As we reported earlier, Finance Minister Serhiy Marchenko predicts that the arrival of an International Monetary Fund (IMF) mission to Ukraine will take place this fall.
"The Fund's mission raises questions, including those about the budget. There is every reason to believe that the mission will arrive in October or November. We are constantly communicating, we actually have telephone talks every single week,” he stated.
It is worth noting that Prime Minister of Ukraine Denys Shmygal held an online meeting with Director of the European Department of the International Monetary Fund (IMF) Alfred Kammer.