The Government proposes to cut funding "Naftogaz" 1.8 billion - Jaresko

changes to the state budget for 2015 envisages reduction of subsidies for companies « Naftogaz Ukraine » 5.8%. This was disclosed by Minister of Finance of Ukraine Natalia Jaresko. It is reported. &Laquo; Financing « & raquo Naftogaz of Ukraine; from the state budget will be reduced from 31.5 billion to 29.7 billion, ie 5,8% & raquo ;, – said the minister. She said last year to finance « Naftogaz » was allocated 110 billion USD. February 12 IMF mission reached an agreement with the government of Ukraine four-year funding programI of about 17.5 billion dollars. The Finance Minister said that the IMF funds to be used for « energy sector reform, including minimizing the deficit « & raquo ;, Naftogaz including by raising tariffs & raquo ;. According Jaresko, this increase compensates for poor states by the IMF, which UkRaina will increase the budget deficit to 4.6% for the phased increase in energy prices, and « Naftogaz » become self-sustaining by 2017.