Archive 2001

  • Monthly Economic Monitor Ukraine No.8 (10)

    • The formation of the Cabinet of Ministers was completed with the appointment of Oleksandr Shlapak as Minister of Economy. 
    • The real GDP grew by 9.1% yoy cum. (9.2% yoy in June) during the first half of 2001 with the highest growth of value-added occurring in the manufacturing industry, in construction, and in the wholesale and retail trades. 
    • The President vetoed a new law on the Ukrainian electricity market that could replace existing pool-model by a system of ‘bilateral contracts’. 
    • The real revaluation of the hryvna has not seriously affected the growth of exports despite the misgivings of exporting companies. 
    • Ukraine successfully restructured USD 580 m debt to the Paris Club of creditors. 
    • The National Bank of Ukraine revoked the license of Bank “Ukraina” and initiated its liquidation.
    Issue:  No.8 (10) August 2001
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