An injunction against the rise in gas prices for Ukraine, the population separates of the next tranche of IMF loan
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Kyiv District Administrative Court has forbidden to raise gas prices for households September 1. The servants of Themis admitted unlawful decision of the National Electricity Regulatory Commission (NERC), an increase in retail prices Gas, told the National Forum of Trade Unions of Ukraine (NFPU) on the first day fall, Interfax-Ukraine. This decision could derail the selection of the next tranche of the International Monetary Fund (IMF) in the current year. As Reportedly, the court ruled on the eve of the claim after NFPU, which was appealed the decision № 811 of NERC on 9 July this year, "Approval retail prices for natural gas, which is used for the needs of the population. " According to the chairman Miroslav NFPU Yakibchuk, the decision to increase gas prices violates important constitutional principle that no allowed to make decisions that worsen the social situation of the people. "We principally relate to such violations and we will oppose them with all legal means, "- said Yakibchuk. At the same time, permanent representative IMF to Ukraine Max Alier said that the Fund expects higher prices for gas population in September by 20% in 2010 to 20% on a quarterly basis, because such step will reduce the amount of state support, "Naftogaz Ukraine". If the authorities without cause will be used to excess capacity deficit and undermining the country's economic situation, the IMF threatened to stop cooperation with Ukraine. Experts warn that if the government fail to reach agreement with the IMF regarding the provision of the fourth tranche of the Fund in the current year, the cash dollar exchange rate before the end of December can exceed 10 USD / $. According to analysts of Astrum, a selection of the fourth IMF tranche will be delayed until 2010, the Government is struggling to improve relations with the Fund. Cabinet asked the experts to the IMF to take part in drafting the 2010 budget just for the sake of the next tranche of loan fund, said Alexei Blinov, an analyst at Astrum Investment Management. Recall, the Cabinet approved June 10 by an order of the action plan in 2009 to stabilize the financial state of "Naftogaz Ukraine". In it, in particular, the Government recommended that NERC from October 1 to review the price of gas for the population to bring them to an economically sound level, which includes the full investment component for build its own gas production. This improvement was one of the conditions allocation Ukraine International Monetary Fund (IMF) of the third tranche at $ 3, 3 billion According to a source at the presidential secretariat, NERC adopted a corresponding resolution № 811 and № 812 of the price increase on gas, which have been presented the IMF. At the same time, then the commission denied the adoption of these regulations, and a July 24 statement it appeared of decision-making to increase by 20% the price of natural gas for the population (from 1 September) and for the enterprises of communal heat power (from 1 October 2009 years). According to a source at the presidential secretariat, these regulations have the numbers 901 and 902, but so far they have not been published. NERC provides state regulation of subjects of natural monopolies in the electricity and gas complex, ensures the implementation of price and tariff policy in these areas.
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