“The increase in tariffs of state monopolies affects both the competitiveness of Ukrainian exports and the pocket of an ordinary Ukrainian, the publication emphasizes.”, — write: www.unian.ua
The increase in tariffs of state monopolies affects both the competitiveness of Ukrainian exports and the pocket of an ordinary Ukrainian, the publication emphasizes.
photo ua.depositphotos.com”Operator of the GTS of Ukraine” initiated a sharp increase in tariffs for gas transportation for 2025. This will affect the competitiveness of business and, ultimately, cause higher prices and continue to “spur” inflation in the fourth year of full-scale war, Censor writes.“Operator GTS Ukrainy” LLP received from the NCRECP the approval of the project to increase the gas transportation tariff for consumers immediately from UAH 124 to UAH 503 per thousand cubic meters. That is, the tariff will increase by 305%, or more than 4 times. The company’s management explains this by the completion the actions of the agreement on the transit of Russian gas through Ukraine to the EU. That is, instead of the Russians, it is now up to Ukrainian companies to support the monopolist’s revenues,” the publication points out.
The general director of the company, Dmytro Lippa, insists on the need to increase the monopolist’s profit included in the tariff to the level of the NBU accounting rate (now it is 13.5%, – editor’s note). But it is impossible to find out where the company will spend the funds received: it does not disclose either the calculations included in the tariff increase or the financial statements. Therefore, the public and business have every reason to doubt that the state monopoly does not manipulate data, the publication emphasizes.
“Increasing the tariffs of state monopolies always affects both the competitiveness of Ukrainian exports and the pocket of an ordinary Ukrainian. In the domestic market, the final consumer of products and services will ultimately bear the additional financial burden, this will also contribute to the acceleration of inflationary processes. In turn, the decrease in the competitiveness of Ukrainian exports on foreign markets may lead to a drop in foreign currency inflows, which sooner or later will affect the hryvnia exchange rate,” he emphasizes Censor.
In the event of an uncontrolled increase in tariffs, enterprises will have to reduce production volumes or stop operations, the publication warns. Because of this, state monopolists will lose income and again demand to raise the tariff.
“Without a clear assessment of the efficiency of their work, monopolists will always try to use their market power to shift any of their costs to the consumer. Therefore, it is especially important not to allow monopolist tariffs to rise unchecked in times of war, when most businesses are trying to operate under unprecedentedly difficult conditions. Instead it seems that the management of state monopolies, receiving millions of salaries, on the contrary, uses the conditions of martial law to avoid public justification of tariff increases and evaluation of their own efficiency. After all, “war is everything will write off,” the publication summarizes.
Earlier, the Federation of Employers of Ukraine also stated that a 305% increase in the tariff for gas transportation will have catastrophic consequences for the economy and will cause a wave of dismissals of producers. Meanwhile, the formation of the tariff by the GTS Operator is as opaque as possible, so it is necessary to conduct an audit of the company – in order to optimize tariffs and prevent tariff growth.
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