- Based on the critique of the gas conflict with Russia the Parliament dismissed the Cabinet of Ministers.
- In 2005 real GDP grew by modest 2.4%.
- Gas price for Ukrainian industrial consumers went up to approximately USD 100 per thousand cubic meters.
- The USA restored Generalized System of Preferences (GSP) benefits for Ukraine that were suspended in August 2001.
- For the year 2005, the central fiscal deficit reached UAH 7.9 bn that is below 2% of GDP.
- In 2005 Pension Fund deficit amounted UAH 16.3 bn (4% of GDP).
- The consumer prices increased by 10.3% yoy in 2005.
- In 2005 commercial banks earned profits at UAH 2.4 bn, which is 90% higher than in 2004.
MEMU SUPPLEMENT: "Gas dispute: temporary truce"
