Uruguay : Second Review Under the Stand-By Arrangement, and Request for Waiver of a Performance Criterion—Staff Report; and News Brief on Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

October 24, 2001

Electronic Access:

Free Full text (PDF file size is 1453 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Uruguay is facing a third year of negative output growth. It, however, is making progress with economic adjustment. The government has taken a calculated risk by doubling the pace of depreciation of the exchange rate band. The government is committed to strengthening the underlying fiscal position in 2002 and the medium term for a turnaround in the debt/GDP ratio. Measures such as the public sector banks need to be reformed. The deregulation of the economy and providing additional opportunities for private sector investment are being taken up.

Series:

Country Report No. 01/185

Subject:

English

Publication Date:

October 24, 2001

ISBN/ISSN:

9781451839289/1934-7685

Stock No:

1URYEA0042001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

45

Please address any questions about this title to publications@imf.org