Last Update 11:2
Sunday, 18 August 2019

Ukraine government sets price cap for heating tariffs

Reuters , Wednesday 26 Jun 2019
Share/Bookmark
Views: 735
Share/Bookmark
Views: 735

Ukraine's government set a price cap on Wednesday for heating tariffs, according to comments made in a televised cabinet meeting, after the International Monetary Fund urged Kiev to set prices at market levels.

There was no immediate confirmation of the price cap level, but earlier in the cabinet session the justice minister suggested a price of 1,400 hryvnia ($53.51) per gigacalorie. The average price stood at 1,535.8 hryvnia as of April.

The IMF wants Ukraine to bring household heating tariffs up to market levels as part of a $3.9 billion aid programme. The finance minister opposed the cap during the televised meeting, saying it went against Ukraine's international obligations.

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.