Friday, May 31, 2024

Ukraine to raise electricty

Ukraine to raise electricity prices by more than 60% from Saturday, lawmaker says

Ukraine's government is raising electricity prices for the public by more than 60% from Saturday, lawmaker Oleksiy Kucherenko said on Friday.

The power sector has been severely damaged by Russian bombardments during more than 27 months of war, while the government in Kyiv needs additional funds to be able to finance its large-scale repair campaign.

— Reuters

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