Ukraine’s Prime Minister Yulia Tymoshenko recently said the Cabinet of Ministers has proposed that Parliament allocate UAH 21.6 billion ($2.59 billion) in 2010 to support the coal sector. According to the Ukrainian Journal, Tymoshenko said that UAH 12.3 billion ($1.47 billion) from the state budget is planned for support of the coal sector, UAH 5.4 billion ($649 million) is planned to subsidize the prime cost of products UAH 1.1 billion ($132 million) is foreseen for the construction and technical re-equipment of coal and peat extraction enterprises, and UAH 4.2 billion ($8.33 billion) for the pensions of employees working a full day underground.
