Archive 2001

• Monthly Economic Monitor Ukraine No.6 (8)

  04.07.2001
  Free
  • Parliament approved Anatoliy Kinakh as the new Prime Minister of Ukraine.
  • The GDP grew by 8.5% yoy cum. during January-April with record results in industrial production. The first half-year growth prospects are quite promising.
  • The first quarter trade surplus came to USD 816 m. Pressure on the Ukrainian exporters on the major markets is increasing.
  • Government expenditure reductions for fiscal 2001 are very likely, due to the continuing shortfall in revenues.
  • The inflation in May declined to 15.1% yoy but difficulties with stimulating the domestic debt market raise concerns about effective control over money supply in the future.
  • The first quarter of 2001 appears to have been successful for the banking sector with UAH 155 m of profits. Reforms at the Bank “Ukraina” have begun.
  Issue:  No.6 (8) June 2001
  Attached file  (132.2 kb)