- The pro-government parliamentary majority in the Verkhovna Rada collapsed after several parties seceded.
- The real GDP increased by 13.6% yoy between January and August, due to high growth rates in manufacturing, agriculture, and trade.
- Ukraine started to use the Odessa-Brody pipeline in the reverse direction.
- The current account surplus reached USD 4.0 bn, or 15.5% of GDP, during the first half of 2004.
- The Cabinet of Ministers submitted the Draft Budget Law for 2005 to Parliament.
- The minimum monthly pension payment was increased from UAH 132 to UAH 284; the addition represents social aid.
- US dollars got more expensive at cash exchange points (kiosks).
MEMU SUPPLEMENT: "Private investment and growth implications of the revenue side of the First Draft Budget 2005"
