- In March the Parliament has gradually resumed its activity after a long break.
- Real GDP growth accelerated to 5.8% yoy between January and February thanks to strong industrial growth.
- The Government introduced restrictions on exports of sunflower seeds and oil.
- Another round of gas negotiations was completed between Naftogaz and Gazprom.
- The central budget was close to balance between January and February as the execution of expenditures remained low.
- The Government further increased social payments.
- Interest rates remain high due to very tight liquidity.
- Hryvnia appreciated slightly as the NBU appeared to shift to more flexible exchange rate management.
MEMU SUPPLEMENT: "New restrictions on grain and oilseeds exports"
