Monthly Economic Monitor Ukraine, May 2007
Pretty long time I have not posted Monthly Economic Monitor Ukraine from Institute for Economic Research and Policy Consulting. Here is May issue.
Main topics
The President and the Prime Minister agreed to hold early parliamentary elections.
In the first quarter the real GDP increased by 8.0% yoy.
The State Property Fund law was passed by Verkhovna Rada.
Ukraine's membership in the WTO is likely to be postponed until 2008.
Central fiscal surplus reached 1.4% of the GDP due to high tax revenues and considerable under-execution of expenditures.
Between January and March real wages grew by 14.8% yoy.
Inflation accelerated to 10.5% yoy in April.
