- The Verkhovna Rada adopted the Program of the Government, thereby ensuring its continuance for one more year.
- The real GDP grew by 7% yoy during the first quarter of 2003 against a background of higher investment demand.
- Myhaylo Chechetov, the former first Deputy Head of the State Property Fund, became the new Head of the organisation.
- The positive trade balance was maintained, although the import of goods grew faster than exports.
- Execution of central fiscal revenues continued to exceed 100%, while the expenditures continued below budgeted levels.
- Higher than expected inflation dynamics caused the NBU to introduce inflation restraining measures.
- The Ministry of Finance chose lead managers for Ukraineís new eurobond issue scheduled for later this year.