Archive 2004

  • Monthly Economic Monitor Ukraine No.11 (49)

    • According to the results of the first round of the presidential elections, Viktor Yuschenko was supported by 39.87% of the voters, while Prime-Minister Viktor Yanukovich received 39.32% of the votes.
    • Household consumption and exports were the two driving forces for the high GDP growth.
    • The merchandise surplus reached USD 3.0 bn between January and August due to high export growth.
    • The central fiscal deficit for the period of January to September reached 1.4% of GDP.
    • The NBU increased the discount rate by 0.5 p.p. to 8.0% p.a.
    • Demand for cash foreign currency is high due to pre-election uncertainly and inflationary expectations.

    MEMU SUPPLEMENT: "Should people worry about devaluation?"

    Issue:  No.11 (49) November 2004
    Attached file  (119.1 kb)
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