Uruguay : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

March 16, 2001

Electronic Access:

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Summary:

The paper examines the extent to which the recent evolution of the consolidated public sector balance in Uruguay reflects the business cycle. Fiscal policies have generally been cautious, even though some structural reforms, the electoral cycle, and recessions in recent years increased the deficit. Bank soundness indicators differ substantially between private and public banks in Uruguay. The private banking system appears sound. Public banks did not fare as well during the recession, and their soundness needs to be addressed.

Series:

Country Report No. 01/47

Subject:

English

Publication Date:

March 16, 2001

ISBN/ISSN:

9781451839241/1934-7685

Stock No:

1URYEA0022001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

110

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