​Minister of Finance O. Danyliuk: “salaries to coal miners must be paid on time. This is our clear position. All issues regarding salaries to coal miners must be cleared”

4/4/18

Today, the Government has adopted a decision regarding some issues in the operation of state-owned coal-mining enterprises.

What’s it about?

According to this decision, the heads of state-owned coal-mining enterprises must open accounts at the State Treasury Office by May 1, 2018 to cover their running operations using these accounts only.

Accordingly, the Ministry for Energy and Coal Mining must prepare a regulation to transfer the accounts of state-owned coal-mining enterprises to the State Treasury Office.

Also, the Ministry for Energy and Coal Mining must prepare a clear schedule stipulating that in case of salary delays 70% of the coal-sale revenues of the respective enterprises must be allocated for salary payments to coal miners including all additional benefits.

After the Ministry for Energy and Coal Mining has adopted the above regulation, the Ministry of Finance will have to ensure funding from the state budget according to the budget program “Measures to ensure the domestic coal production and further reforms in the state-owned coal-mining sector”.

What’s the benefit?

Salary debts to coal miners will be paid, the control over the allocation of funds for the operation of coal-mining enterprises will become clearer.

“Our firm position is that salaries to coal miners must be paid on time. All debt issues in the coal-mining sector must be cleared”, Minister of Finance Oleksandr Danyliuk said.

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