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Ukraine’s household gas price cut won’t derail IMF loan program: minister
Journal Staff Report

KYIV, April 25 – Ukraine’s recent cut in household natural gas prices is in line with requirements by the International Monetary Fund and will not pose any problems at talks, Finance Minister Oksana Markarova said.

"The prices set in government resolution No. 867 will actually function as a price cap for natural gas for the needs of households until the end of this year. This is in line with the goal of market pricing for natural gas for all categories of consumers, and thus it is in line with our commitments to the IMF," the minister told Interfax-Ukraine, commenting on the compliance of the IMF SBA with a situation in which the price ceiling is rising from May 1, but in fact, the gas price will drop.




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