Kiev must end electricity and heating subsidies for the population, Kristalina Georgieva has said
Kiev must phase out electricity and heating subsidies and distribute the tax burden more fairly in order to get additional funding from the IMF, its head Kristalina Georgieva has said.
Ukraine is ranked among Europe’s poorest countries, and subsidies for electricity, heating, and gas have long maintained households. International lenders say continuing aid will require painful reforms, and that ordinary Ukrainians must bear part of the cost.
“We still have electricity and heating subsidized; they’re subsidized for a reason, we know why the country…
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