Uruguay: 2001 Article IV Consultation and First Review under the Stand-By Arrangement — Staff Report; Public Information Notice and News Brief on the Executive Board Discussion
March 15, 2001
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After the recession, Uruguay continued to face difficult economic conditions under the Stand-By Arrangement. Executive Directors emphasized the need to promote sustainable growth with low inflation and high employment. They welcomed Uruguay's continued commitment to trade liberalization, and stressed the need for fiscal discipline, improved competitiveness, strong fiscal and monetary policies, structural reforms, and measures to strengthen the performance of public enterprises. They observed that the country's economic statistics are adequate for the assessment and monitoring of macroeconomic policies.
Subject: Banking, Economic sectors, External debt, Financial institutions, Government debt management, Loans, Public debt, Public financial management (PFM), Public sector
Keywords: adjustment effort, Asia and Pacific, cost, CR, economy, executive board discussion, Government debt management, ISCR, Loans, oil import cost, Public sector, stand-by credit, U.S. dollar, Uruguay's performance
Pages:
63
Volume:
2001
DOI:
Issue:
046
Series:
Country Report No. 2001/046
Stock No:
1URYEA0012001
ISBN:
9781451839210
ISSN:
1934-7685
