- The President urged the nation to pursue his constitutional reform proposals for redistributing political power.
- Dezhkomstat revised the figure of the real GDP growth in 2002 upward from 4.1% to 4.6%.
- The increase in grain prices caused the President to ask for an investigation, which resulted in the filing of numerous criminal cases, including the arrest of former Vice Prime Minister Leonid Kozachenko.
- The payments discipline in the gas sector deteriorated.
- The current account balance reached USD 3.1 bn in 2002.
- Parliament adopted a new personal income tax law in second reading, which foresees a flat tax rate of 15%.
- Ukraine successfully met its first peak eurobond obligation in 2003.
- The banking system experienced a temporary liquidity shortage.