Uruguay : Ex Post Assessment of Longer-Term Program Engagement—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Uruguay

Author/Editor:

International Monetary Fund

Publication Date:

June 15, 2005

Electronic Access:

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Summary:

This paper presents an Ex Post Assessment of Longer-Term Program Engagement for Uruguay. Uruguay has had a series of Stand-By Arrangements that were treated mostly as precautionary between March 1996 and early 2002. These were viewed as a helpful seal of approval, and a vehicle for intensive IMF monitoring. The authorities undertook significant reforms during this period—notably a pension reform, a reduction in public employment, and a lengthening of wage indexation lags. However, other reforms were either not undertaken or completed with a delay.

Series:

Country Report No. 05/202

Subject:

English

Publication Date:

June 15, 2005

ISBN/ISSN:

9781451839302/1934-7685

Stock No:

1URYEA2005003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

51

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