- Several FATF member-countries announced the application of counter-measures to Ukraine.
- During the informal summit of CIS leaders, President Leonid Kuchma of Ukraine was elected Head of the Council of the CIS.
- According to preliminary estimates, the real GDP grew by 4.1% in 2002 due to increases in manufacturing and trade.
- The government introduced price regulation on milk and meat products aimed at supporting farmersí profits.
- Despite a fiscal surplus, the consolidated fiscal expenditures remained under-executed in 2002.
- The NBU adopted measures to soften foreign exchange market regulations.