The current price of gasoline at 52-55 UAH/liter and diesel fuel at 58-60 UAH/liter is the equilibrium point for the market, but with the gradual arrival of new volumes of oil products, the price for them will decrease, the director of the A-95 consulting group believes Sergey Kuyun.
“With prices of UAH 52-55/liter for gasoline and UAH 58-60/liter for diesel fuel, as I see it, the market feels normal, queues are decreasing. To some extent, the market has found a balance point, and then it will begin to fill with new batches, and this should lead to lower prices,” he said at a briefing at the Media Center in Kyiv on Monday.
At the same time, Kuyun noted that the price of fuel at 40-45 UAH per liter, which was determined during state regulation, was fair for a stable, secure market, “which we do not have today.”
“Accordingly, we need to reduce consumption, bring down the hype,” the expert said.
As reported, according to the A-95 group, the average retail prices for gasoline and diesel fuel in Ukraine increased by 22-30% in the period May 16-23, in particular, the average retail prices for A-95 gasoline increased by 10%. 72 UAH/liter, up to 50.84 UAH/liter, premium A-95 – by 9.85 UAH/liter, up to 51.51 UAH/liter.
In addition, retail prices for diesel fuel increased by UAH 13.24/liter, up to UAH 56.49/liter, for liquefied gas, by UAH 4.14/liter, up to UAH 39.24/liter.
By Resolution No. 594 of May 17, 2022, the Cabinet of Ministers suspended the state regulation of fuel prices introduced a year ago due to quarantine, expecting that gasoline prices would not exceed UAH 52/liter, diesel fuel – UAH 58/liter.
The decision to cancel the maximum margin for gas stations was made so that market operators could saturate the Ukrainian oil market with the necessary resource in the face of its shortage after reorienting to supplies from the western border and the Kremenchug refinery bombed by Russia.
At the same time, the State Service for Food Safety and Consumer Protection announced the start of inspections of gas stations based on consumer complaints about inflated prices, refusal to pay with cards and the absence of settlement documents.
During the period of Russian military aggression, Ukraine should allow the import and sale of fuel of the Euro-4 ecological standard, director of the A-95 consulting group Serhiy Kuyun said.
“It is necessary to temporarily allow the use of fuel of Euro-4 standards. The equipment of the Armed Forces of Ukraine will not notice this at all. Tanks, ZILs, diesel locomotives and others will go easily – this equipment is not new for the most part,” he wrote on his Facebook page.
“Civilian transport will also survive. Strict European fuel requirements are mainly for environmental purposes. Now there are much more serious threats to our life and health than the exhaust in traffic jams from refugees’ cars,” Kuyun said.
According to him, there are interesting price offers for Euro-4 on the foreign market, which will increase the filling of the Ukrainian market with fuel.
The decision to mix vaccines against COVID-19 will be made exclusively by the doctor who directs the person to vaccination, said Deputy Minister of Health, Chief State Sanitary Doctor Ihor Kuzin.
“The main recommendation was that, in fact, mixing of vaccines is allowed, but subject to the algorithm. Mixing one or another vaccine is not the choice of the patient, it is solely the decision of the doctor who directs for vaccination,” he said in an interview with the Ukrayinska Pravda publication.
According to Kuzin, the doctor can make such a decision only in a few cases: if after the first dose the patient had a severe adverse reaction; due to humanitarian problems. For example, if a person abroad received the first Moderna vaccination and, having returned to Ukraine, does not have the opportunity to be vaccinated with it for the second time.
The deputy minister added that it is possible to combine either mRNA vaccines (Moderna and Pfizer), or the first dose of AstraZeneca, and the second with mRNA vaccines. Mixing of other types of vaccines is not envisaged yet.
The Macroeconomic Review section has been launched on a monthly basis within the framework of the Experts Club. In the first video, the co-founder of the project, PhD in Economics, Maksim Urakin, analyzed the main macro indicators.
“The goal of our Macroeconomic Review project is to provide the viewer with the key statistics and information in the most convenient form, to do it succinctly and clearly, replacing cumbersome tables and lengthy reasoning with graphic analysis,” research organizer Maksim Urakin said.
In the block on the population of Ukraine, the latest data of the State Statistics Service on the number of residents of our country were presented, a comparison was made between the statistics of state bodies and the indicators of the so-called “electronic census” of January 2020. In addition, the latest data on unemployment and wages in the regions were studied.
In the economic block, the indicators of GDP, the volume of foreign trade, the main trade partners of Ukraine, the national debt, the indicators and sources of investment and industrial production are analyzed.
All data is presented in the form of graphs and diagrams that complement the visual backdrop.
In the future, the Experts Club will analyze and present both the current statistics of Ukraine and compare the latest data with the previous periods, as well as with the indicators of other countries.
In addition, a series of thematic programs are planned, which will be devoted to the state of various sectors of the Ukrainian economy and their characteristics over the period of 30 years of independence.
The full video can be found on the Experts Club YouTube channel at the link:
https://www.youtube.com/watch?v=tCKGn3uGR_Y
You can subscribe to the Experts Club channel here.
The cost of square meter of housing in new buildings in Ukraine in January-June 2021 grew by 10-20% depending on the readiness of the facility and the region, Director General of the Financial and Investment Management Association (FIMA) Viktoria Volkovska has told Interfax-Ukraine.
“We have analyzed dozens of housing facilities throughout Ukraine that work with construction financing funds. The overwhelming majority indicate an increase in the cost of square meter. At the same time, we have a situation where the cost of housing is growing faster than the price,” she said.
According to a survey conducted by FIMA, 76.9% of respondents reported an increase in the cost of square meter by 10-20%, and 7.7% told about an increase of more than 20%. Only 15.4% of respondents said that the cost of housing has not changed significantly.
In addition, only 10% of respondents reported a decrease in the volume of construction work, while 40% reported an increase of more than 20%, 10% – a 20% increase, and 20% – a 10% increase.
The FIMA study is based on an online survey of construction finance fund managers conducted following the results of the first half of 2021.
The Financial and Investment Management Association (FIMA) was established in May 2020 in connection with the entry into force of the law on amendments to certain legislative acts concerning improving the functions of public administration of financial services markets. It unites 41 financial companies that manage FFS funds in Kyiv, Lviv, Odesa, Dnipropetrovsk and Kharkiv.
Decentralization in Ukraine is far from completion, considers the local government expert, director of the Practical Policy Program of the Institute of Political Education, Alexander Solontay.
“Today we are far from having a decentralized country, we have done only the first basic steps, but we are moving towards this”, – Solontay claimed in comments on features and problems of the decentralization process in Ukraine
on the Youtube channel “Club of Experts“.
In the expert’s opinion, now has arisen a situation in which the implemented reforms had led to greater autonomy of urban and rural communities. At the national level, however, politicians are chosen by a paternalistic population. These policies support communities’ autonomy on the one hand and, on the other, want the Centre to continue to provide guidance locally.
“From above, the mechanisms for interaction with autonomous communities have not yet been worked out. The politicians act in the old way – to pass laws, to direct an order, to allocate funds, and so on. It’s vertical management. How to manage in a new system, where the bottom is independent and the top has limited possibilities, authorities have not yet learned», – says the expert.
Solontay noted that in our environment, where the shadow economy and corruption have not been overcome, the law enforcement agencies are under-reformed and the local power is increasingly independent, a systemic crisis has arisen in interaction of Center and regions.
«Whatever situation would appear in the country, we are always condemned to conflict between authorities and local self-government», – the expert summarized.
DECENTRALIZATION, EXPERT, EXPERTSCLUB, POLITICS, SELF-GOVERNMENT, SOLONTAY
