Archive 2004

  • Monthly Economic Monitor Ukraine No.2 (40)

    • In January the President appointed new Ministers of Economy and European Integration, of Agrarian Policy, and of Industrial Policy.
    • The Council of Europe threatens to expel Ukraine.
    • Preliminary estimates show that the GDP increased by 8.5% in real terms in 2003.
    • The Government decided to reimburse VAT to exporters of agricultural and food products despite the provisions of the 2004 Budget.
    • The growth rate of goods imports continues to exceed that of exports, but the balance of trade in goods remains positive.
    • The year 2003 ended with a central government fiscal deficit of nearly UAH 1 bn, or 0.4% of GDP.
    • The NBU reacted to inflation by increasing its overnight rate from 8.0% p.a. to 8.5% p.a.
    • The cash foreign exchange market regulation was tightened.
    Issue:  No.2 (40) February 2004
    Attached file  (124.5 kb)
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