Archive 2001

  • Monthly Economic Monitor Ukraine No.3 (5)

    • The Cabinet reorganisation by Prime Minister Viktor Yuschenko remains the issue of political debate among top state officials. 
    • The power systems of Ukraine and Russia may be unified, if the Cabinet approves a recently signed memorandum. This would improve the stability of Ukrainian energy system but might lead to a greater dependence on Russian power supply. 
    • In February industrial output growth slowed to 12.6% yoy due to a higher February 2000 base, resulting in lower GDP growth. However, good performance by the major industries is expected to continue in the first quarter. 
    • The February 2001 CPI growth rate declined to 0.6% mom from 1.5% mom in January. This is the first sign that inflation is being kept under control. 
    • Both the Ministry of Finance and the NBU are trying to revive the domestic debt market by offering their own instruments. So far, the private sector has expressed little interest.
    Issue:  No.3 (5) March 2001
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