×
For more information, get in touch with our team:
+44 7918 53 08 73
Hint mode is switched on Switch off
DATA PLATFORM FOR FINANCIAL MARKET PROFESSIONALS AND INVESTORS
  • High performance interface for global bond market screening
  • Full information on close to 500,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 100 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

Concorde Capital Research: State budget 2013 - Cost cutting plan eases hryvnia and sovereign risk

December 13, 2012
The state spending plan proposed for 2013, approved by Ukraine’s parliament on Dec. 6, gives the impression that authorities are preparing to face 2013 challenges without reliance on IMF funding. The budget’s 7% yoy revenue growth plan looks feasible and its targeted general deficit (including a Naftogaz subsidy) of 4.5% of planned GDP is manageable. Against this backdrop, external funding is critical but looks achievable. Moreover, it is set to keep external public debt/GDP as low as 0.2x and points to some easing of pressure on the local currency in 2013.