Uruguay : Fifth Review Under the Stand—By Arrangement and Requests for Modification of the Arrangement and Waiver of Nonobservance and Applicability of Performance Criteria—Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uruguay

Author/Editor:

International Monetary Fund

Publication Date:

October 20, 2004

Electronic Access:

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Summary:

This paper examines Uruguay’s Fifth Review Under the Stand-By Arrangement and Requests for Modification of the Arrangement and Waiver of Nonobservance and Applicability of Performance Criteria. The macroeconomic framework is broadly on track, but progress with structural reform remains uneven. Fiscal performance has been better than programmed, reflecting buoyant revenues. The monetary and balance-of-payments targets of the program have been met. Although program risks have diminished further since the last review, important vulnerabilities remain, leaving no room for policy slippages.

Series:

Country Report No. 04/327

Subject:

English

Publication Date:

October 20, 2004

ISBN/ISSN:

9781451839265/1934-7685

Stock No:

1URYEA0022004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

78

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