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Gas tariff increase vital to Ukraine-IMF cooperation - EU representative

Gas tariff increase vital to Ukraine-IMF cooperation - EU representativeDelegation of the European Union to Ukraine has said that the decision of the Ukrainian government to increase gas price for households is important and essential.

This is an important step on the way of reimbursing expenses in the energy sector, Deputy Head of Delegation Thomas Frellesen told Interfax-Ukraine.
The tariff increase is among Ukraine's liabilities under the International Monetary Fund (IMF) program and today it is vitally important to cooperate with the IMF for the sake of stability of the Ukrainian economy, he said.

He noted that the government decision would help to remove corruption, stop ineffectively using energy and unblock EU and international donors' support.

The tariffs based on expenses reimbursement would help to attract investment in the Ukrainian energy sector, he said. It is important for the government to protect vulnerable population, he added.
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