- A new Cabinet of Ministers, headed by Viktor Janukovich, the former governor of Donetsk Oblast, was formed.
- In response to threatened sanctions from the FATF, Ukraine adopted a law on the prevention of money laundering.
- The Ministry of Economy reduced its forecast for the yearly real GDP growth to 4.5-4.8% in 2002.
- A law introducing export tariffs on scrap metal was passed.
- Parliament passed an unrealistic budget in second reading.
- The Verkhovna Rada allowed the Government to exceed the marginal limit of internal debt for 2002.
- The NBU supported two innovative investment projects.
- Ukraine placed an additional eurobond tranche of USD 260 m.