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Archive 2003

  • Monthly Economic Monitor Ukraine No.11 (37)

    05.12.2003
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    • The border conflict between Ukraine and Russia over Tuzla Island threatens the relationship between the two countries and endangers the ratification of the Single Economic Space agreement.
    • The real GDP growth for the first half of the year was revised upwards from 7.5% yoy to 8.6% yoy.
    • Private traders intensified grain imports after the government stepped out of the market.
    • The government launched a registration of state-owned stakes in Ukrainian enterprises.
    • A favourable world conjuncture and expanding internal investment promote the growth of foreign trade.
    • Parliament approved the draft of Budget-2004 in first reading with revenues and expenditures at UAH 61.0 bn and UAH 63.6 bn respectively.
    • The demand for foreign cash increased driving the cash exchange rate upwards.
    • The NBU exchange rate policy will remain unchanged despite calls by the IMF to allow wider fluctuations of the hryvnia.
    Issue:  No.11 (37) November 2003
    Attached file  (133.1 kb)
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