Ukrzaliznytsia may raise fares for passengers by 25-30% annually

Freight transportation rates may also soar by 25% (+/-3%) in 2018-2019.

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Ukrainian state-run railways operator JSC Ukrzaliznytsia may raise fares for passengers by 25% (+/-3%) in 2018-2019 and by 30% (+/-3%) in 2020-2021 annually.

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Such a forecast is given in the outlook for the social and economic development of Ukraine in 2019-2021, according to the Ekonomichna Pravda business news outlet.

Freight transportation rates may also soar by 25% (+/-3%) in 2018-2019 annually. According to the forecast, their growth in 2020-2021 will slow to 20% (+/-3%).

As was earlier reported, Ukraine's Cabinet also presented the country's economic development scenarios for 2019-2021.

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