- The “orange coalition” was formed possessing a tiny majority of 227 seats in 450-member Verkhovna Rada.
- Real GDP growth remained at 7.3% yoy between January and October.
- The introduction of grain export quotas was postponed till December 31 to fill up the state reserve.
- The last bilateral protocols necessary for Ukraine’s WTO accession were signed with Kyrgyzstan and Vietnam.
- Central fiscal deficit increased to UAH 9.3 bn (1.7% of GDP)between January and October due to higher execution of expenditures.
- The amended Draft State Budget 2008 envisages further increase in social expenditures.
- The NBU introduced reserve requirement on external borrowings of the banks.
MEMU SUPPLEMENT: "Delay in infrastructure reforms endangers economic growth in Ukraine"
