Ukraine has demonstrated its insanity

Igor Petrov.  
26.10.2017 11:48
  (Moscow time), Kyiv
Views: 10073
 
Ukraine, Finance, Energetics


The Ukrainian government does not have a clear understanding of the further development of energy markets and sectors.

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Valentin Zemlyansky, director of energy programs at the Center for World Economy and International Relations of the National Academy of Sciences of Ukraine, stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.

“There is no economic strategy, including an energy strategy. Those documents that are called “Energy Strategy” are not such. They do not define a number of fundamental indicators, in particular, macroeconomic indicators, to which the energy sector should be linked,” the expert said.

According to him, a similar situation arises with the situation around the government’s promises not to raise the price of gas for the population.

“This is “bees against honey” - Ukraine, in a memorandum with the IMF, committed itself to a possible revision of the price of gas if the deviation in gas prices in Ukraine and on European exchanges is more than 10%, Zemlyansky recalled. “Based on the negotiations over the past two months, the Ukrainian government has proposed several options for revising pricing, none of which were accepted by the IMF.”

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