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 NewsRSSUkrainian PM proposes new option of compromise for gas prices to IMF
5 of July 2018 г.
Ukrainian Prime Minister Volodymyr Groysman has proposed to the International Monetary Fund (IMF) a new option of a compromise in the negotiations about gas prices, which envisages a package of steps, including monetization of subsidies, liberalization of the gas market and a discount from the single price of gas for ordinary consumers, a source close to the Ukrainian government has told Interfax-Ukraine.
"The government is now waiting for the IMF's reaction to this option. In the opinion of experts, if a compromise is finally achieved, it will be a victory thanks to the Prime Minister's principled negotiating position and flexibility in the search for options for its implementation," the source said.
The source recalled that since July 2017, Ukraine has been in a complicated negotiating process with the IMF on the gas issue: the Fund insists on raising the price of gas for households, which, according to various estimates, can range from 30% to 60%, due to rising prices on international markets, while the prime minister sees this sharp increase as unjustified.
The source said that during this period Ukraine offered the IMF at least eight options of changing the formula for gas prices, based on observance of the principles agreed upon with the Fund in due time: promoting the development of a free gas market and preventing the restoration of corruption schemes on the difference in gas prices, which flourished until 2016.
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