Photo: Gleb Garanich / Reuters
In Ukraine will be simplified procedure of debt collection from citizens for utilities, will increase fines and toughen penalties for late payments for a loan from the International monetary Fund (IMF) to five billion US dollars. About it writes “Strenia”.
In a special Memorandum of the Ukrainian government are specified and other conditions of the tranche. In particular, from 1 July in Ukraine, will stop the action of the Cabinet of Ministers on gas pricing. Instead, the cost will be to regulate the market, causing the price of gas for citizens will increase and will be equal to the cost to the industry.
Also, the Ukrainian authorities have agreed to streamline the educational system has committed itself not to reduce the retirement age and do not introduce additional types of pensions and benefits.
According to the Prime Minister of Ukraine Denis Smagala, Kiev is prepared to receive the first tranche of the IMF on June 6th. The volume of the package will amount to $ 1.9 billion. Smigel stressed that Ukraine needs loans to overcome consequences of the crisis, which is caused by the coronavirus pandemic. In the second quarter the country’s GDP could fall by 12 percent.
Video, photo All from Russia.