Ukrainian government increases benefits for buying solid fuel to UAH 2,000 per tonne

11:59, 08.08.2016 1 min read

Ukraine's Cabinet of Ministers has increased the cost of coal used for calculating subsidies by 30.5% or UAH 467.10, to UAH 2,000 per tonne.

An Interfax-Ukraine correspondent has reported that the decision was made at a government meeting on Monday.

"If a household receives 2 tonnes of coal, it will receive UAH 4,000 (earlier around UAH 3,000)," Social Policy Minister Andriy Reva said.

Along with the cost of coal, the government also increased the price of liquefied natural gas (LNG) taken into account in subsidies, from UAH 196.70 to UAH 200 per container.

The decisions made require the subventions from the national budget be increased by UAH 1.3 billion, to UAH 2.5 billion. Expenses will be covered thanks to redistribution of funds, without increasing expenses.