Ukrainians are facing an increase in utility tariffs: when and by how much will the tariffs rise

The agreement with the IMF implies Ukraine's obligation to increase gas and electricity tariffs for the population to economically justified levels after the end of martial law. The energy market liberalization plan involves creating a roadmap for the cancellation of special obligations.

'The IMF has agreed with the Ukrainian authorities on a plan to liberalize the gas market after the war. This could lead to an increase in gas and electricity prices to market levels,' explained energy analyst Denis Sakva.

Experts predict a phased increase in tariffs over three to five years. The memorandum also anticipates protection for the most vulnerable households from high tariffs through a review of subsidies. Liberalization will allow consumers to choose their gas and electricity suppliers.

Ukraine has committed to raising gas and electricity tariffs for the population under the agreement with the IMF, which may lead to a phased increase in prices over three to five years. The energy market liberalization plan includes creating a roadmap for the cancellation of special obligations and the ability for consumers to choose their gas and electricity suppliers in the future.