IMF waiting for Ukraine government approval of gas prices for households before April

25.03.2016 р., 15:00

This decision is an important step for completing the second revision of the IMF-supported Extended Fund Facility (EFF) programme for Ukraine, the source said. The fund said that the step was agreed in the memorandum signed in July 2015. Energy and Coal Industry Minister Volodymyr Demchyshyn said a week ago that the government had not yet decided on the increase of prices from April. He noted the memo signed with the IMF indeed implied an increase to the level equal to 75% of the price of imported gas.

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