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Archive 2003

  • Monthly Economic Monitor Ukraine No.1 (27)

    02.02.2003
    Free
    • In an atmosphere of political crisis, the new head of the NBU was approved by Parliament.
    • The FATF decided to recommend to its members to impose counter-measures on Ukraine.
    • The introduction of import quotas on grain by the EU induced Ukraine to search for new markets.
    • The 2003 Budget was approved in December with a UAH 2 bn deficit.
    • The Government issued UAH 1.3 bn of long-term domestic state bonds with a current yield of 9%.
    • The Ministry of Finance set a negative interest rate on POVDPs, mainly held by the NBU.
    • The NBU reduced the discount rate from 8% to 7%.
    Issue:  No.1 (27) January 2003
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