- The questions on formal existence of the coalition appeared after two members of the Parliaments left it.
- Between January and May real GDP increased by 6.4% yoy backed by acceleration in trade and manufacturing.
- The long-awaited State Privatisation Program for 2008-2012 was adopted in the first reading.
- In the first quarter current account deficit widened to USD 3.6 bn due to rapid growth of commodity imports.
- In May the central fiscal surplus reached 0.5% of GDP as revenues continue to exceed targets.
- Consumer price inflation decelerated to 29.3% yoy in June thanks to considerable slowdown in food prices.
- The stock market declined by 33.8% in the first half of 2008.
MEMU SUPPLEMENT: "Crisis within the parliamentary coalition"
