- 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.