Archive 2009

• Monthly Economic Monitor Ukraine No.7 (105)

  09.07.2009
  Free
  • The second review within the framework of the IMF stand-by loan agreement was completed.
  • Real GDP dropped by 20.3% yoy in the first quarter of 2009 as investment activity halved and inventories shrunk.
  • The Verkhovna Rada granted privileges to biofuels.
  • Current account deficit narrowed to USD 0.7 bn between January and May.
  • The central fiscal revenues (general fund) declined by 12.0% yoy in the first five months of 2009.
  • Real disposable incomes declined by 12.9% yoy in the first quarter of 2009 as the ILO unemployment rate reached 9.5%.
  • Inflation accelerated to 15.0% yoy in June.
  • Household deposits increased by 2.7% mom in June but banks continued to decrease loans.
  • HIGHLIGHT OF THE MONTH: Bank recapitalization - Too big to fail?
  Issue:  No.7 (105) July 2009
  Attached file  (153.6 kb)
  Tags:  Center of economic research