Gas price for households to grow by 23.5% from Nov 1 - premier

Gas price for households to grow by 23.5% from Nov 1 - premier

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Ukrinform
The price for natural gas for the population in Ukraine will grow by 23.5% from November 1, Prime Minister Volodymyr Groysman has said.

He stated this at an extraordinary government meeting on Friday, according to an Ukrinform correspondent.

"We have found a compromise approach. The price for gas on November 1 will increase by a mere 23.5% [compared to the current price]. This is what we have managed to achieve as a result of negotiations [with the IMF]," Groysman said.

He stressed that every Ukrainian family in need of support would receive a subsidy.

"I understand that this is a blow to every Ukrainian family, but we started with the fact that we were holding negotiations on a 60% increase in prices compared to the current price," Groysman added.

It was reported earlier that heat prices would increase within a month after gas prices are raised.

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