Uruguay: 2012 Article IV Consultation

Publication Date:

May 8, 2013

Electronic Access:

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Summary:

Uruguay’s near-term outlook is positive, but with risks and policy challenges. Medium-term challenges include bolstering the economy’s resilience to shocks and fostering productivity growth. Inflation is a priority and monetary policy cannot fight inflation alone; concerted efforts on other fronts are also necessary. Near-term fiscal policy could better support monetary policy. A long-term policy challenge is to bolster growth prospects and reduce output volatility. The political cycle should be propitious for continued sound policies and progress with reforms.

Series:

Country Report No. 2013/108

Subject:

English

Publication Date:

May 8, 2013

ISBN/ISSN:

9781484318089/1934-7685

Stock No:

1URYEA2013001

Pages:

60

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