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Monthly Economic Monitor Ukraine |
 Українська |
Dear colleagues, From November, 2008 the Institute for Economic Research and Policy Consulting has changed the policy regarding the dissemination of the IER regular publications. From this date onwards the full version of publications will be available to subscribers only. Please contact Alina Dolya, Ukraine's civil servants are entitled to free of charge subscription to the IER regular publications. If you are a civil servant and want to receive the IER regular publications, please contact Viktoria Zhovtenko, Special subscription terms are also applied to the Partners of the Institute. For further details please contact Alina Dolya, Sincerely yours, |
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The Monthly Economic Monitor of Ukraine (MEMU) is a regular publication of the IER devoted to review of main economic events followed by brief analysis. The MEMU is published in the beginning of each month and covers the past month's events. It contains description of political news related to economic activity in the country, development in real, external and financial sectors of the economy, monetary and fiscal policy trends and events. Tables with most recent economic data from official sources are included as well.
No. 99
January, 2009
Newly established parliamentary coalition lacks majority.
Real GDP growth slowed to 3.6% yoy for eleven months of the year after massive decline in November.
According to preliminary estimate of the Derzhkomstat, real GDP increased by mere 2.1% in 2008.
Gazprom ceased to supply gas to Ukraine on January 1 after gas negotiations failed.
The NBU estimated current account deficit at USD 11.7 bn or 6.7% of GDP in the first eleven months of 2008.
2009 budget was passed with deficit at 3.0% of GDP.
Central fiscal transfer to the Pension Fund is estimated at 4.7% of GDP for 2009.
Consumer price inflation remained at 22.3% yoy in December.
Inter-bank exchange rate reached new historical low at 9.55 UAH/USD in mid-December but hryvnya returned to the previous levels by the end of the month.
MEMU Supplement: HIGHLIGHT OF THE MONTH: Budget 2009
Previous versions of the Monthly Economic Monitor Ukraine:
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