Kiev halves water supplies to LPR from another pumping station — LPR negotiatorWorld December 03, 0:50
Civilian wounded by Ukrainian sniper near Gorlovka — agencyWorld December 03, 0:31
Reconciliation agreements signed with 6 Syrian settlements — Russian Defense MinistryWorld December 02, 23:50
Russia doesn't understand why Kiev still continues operation in Donbass — LavrovRussian Politics & Diplomacy December 02, 22:59
Russian field engineers take off for Syria to take part in Aleppo demining operationMilitary & Defense December 02, 21:24
Putin praises Hermitage Museum for its efforts in restoring PalmyraSociety & Culture December 02, 21:03
Lavrov says 'Crimea is not a problem, it is a part of Russia'Russian Politics & Diplomacy December 02, 20:42
Russian top diplomat says Syria cannot repeat Libya’s fateRussian Politics & Diplomacy December 02, 19:53
Key facts about the '90s price liberalization in RussiaBusiness & Economy December 02, 19:46
KIEV, June 20 (Itar-Tass) - Ukraine cannot raise gas prices for the population, as the International Monetary Fund (IMF) demands, Ukrainian President Viktor Yanukovich said on Thursday.
“The IMF’s demands are unacceptable for us. We cannot agree to raise gas prices for the population. Because it might be fraught with negative social consequences for people,” the presidential press service quotes Yanukovich as saying.
Earlier, the International Monetary Fund demanded that Ukraine reduce its state budget deficit and raise domestic gas prices. Currently, the average gas price is 0.93 hryvnas (0.12 U.S. dollar) for one cubic meter, which is among Europe’s lowest. It is expected that gas pricing will be discussed at a meeting with representatives from the International Monetary Fund in Kiev on June 28.
An IMF mission visited Ukraine from March 27 to April 1. In the summer of 2010, the International Monetary Fund launched a program of financial assistance to Kiev worth 15.5 billion U.S. dollars. Ukraine received two tranches to a total amount of three U.S. dollars. The program has been suspended since Ukraine failed to satisfy the IMF’s demands.