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IMF admits the lower gas prices – Ministry of Finance

МВФ допускает снижение цен на газ, - МинфинUntil the end of the year the price of gas will not increase, assured the Minister of Finance.

“The prices established in the decree of the CMU No. 867, in fact, will function as a price ceiling for natural gas for the population until the end of this year. This is consistent with the purpose of market pricing for natural gas for all categories of consumers, and thus, this is consistent with our commitments under the program supported by the IMF,” – said the Minister.

Markarova said that the resolution of the government No. 293 of April 3, 2019 will allow the price of gas for the population to match the level of prices formed on the market that serve the purpose of transition to market-based pricing.

The Finance Minister recalled that the action programme with the IMF last year Ordinance No. 867 set wholesale prices of natural gas for household consumers for the period up to the end of 2019, when the rate for natural gas used by households should be fully market.

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