Prime Minister Groysman signals the government will raise household gas prices this fall to meet a key IMF demand.
Friday, August 24, 2018

Prime Minister Groysman signals the government will raise household gas prices this fall to meet a key IMF demand.

Prime Minister Groysman signals the government will raise household gas prices this fall to meet a key IMF demand. “Yesterday at a meeting of the government I gave a detailed and absolutely honest answer about what is happening, why we should raise the price for gas, because this is a requirement,” Groysman told reporters Thursday in Lutsk. “But this requirement arises because we need to work with external borrowings…Therefore, this requirement is on the agenda.” The Prime Minister said that without an IMF agreement next month “the country expects a default.” Interfax-Ukraine reports that over the last year, Ukraine offered the IMF at least eight different formulas for raising household gas toward market levels. UNIAN headlines its story: “Groysman made it clear that gas prices will rise.”

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