Ukraine government sets price cap for heating tariffs: Reuters

21:50, 26 June 2019
Economy
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Photo from UNIAN

There was no immediate confirmation of the price cap level, but earlier in the cabinet session the justice minister suggested a price of  UAH1,400 ($53.51) per gigacalorie, Reuters reports. 

Read alsoHow conflict between Cabinet and Naftogaz helps Russia tighten gas noose on Ukraine's neck

The average price stood at UAH 1,535.8 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.

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