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Archive 2012

  • Monthly Economic Monitor Ukraine No.2 (136)

    13.02.2012
    • Highlight of the month: Card payments - TOWARDS CASHLESS FUTURE
    • Politics: The West signals Ukraine on possible international isolation.
    • Real Sector: Real GDP grew by 5.2% in 2011 due to rapid growth in real private final consumption.
    • Sectoral news: The holding DTEK became the major owner of energy generating and energy distributing companies.
    • External sector: Current account deficit increased to 5.6% of GDP.
    • Fiscal policy: Central fiscal deficit in 2011 was lower than planned due to financial constraints.
    • Social policy: The Pension Fund continued receiving the loans from the State Treasury for financing pension payments.
    • Labour market: Average wage increased by 17.6% in 2011.
    • Monetary policy: CPI growth decelerated to 3.7% yoy in January 2011.
    • Financial markets: The placement of state domestic bonds was lower than planned due to low banking liquidity.
    Issue:  2 (136) February 2012
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