Archive 2002

  • Monthly Economic Monitor Ukraine No.7 (21)

    • The new Verkhovna Rada has set up 24 committees and one special control commission.
    • The real GDP grew by a modest 3.8% yoy between January and May 2002, compared to 9.0% yoy in the respective period of the previous year.
    • Ukraine, Russia, and Germany intend to form a gas transit consortium.
    • During the first four months of 2002, exports to Asian countries increased by 35.2%, partially compensating the 30.8% decrease in exports to Russia.
    • The significant consolidated fiscal surplus, accumulated during the first four months of 2002, is attributed to lower than lanned expenditures by the central government.
    • Negative expectations concerning all emerging markets depressed the prices for Ukrainian eurobonds. By the end of June they had recovered, however.
    Issue:  No.7 (21) July 2002
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