Uruguay: 2012 Article IV Consultation
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:
Balance of payments Capital inflows Inflation Inflation targeting Monetary policy Prices Public debt Reserve requirements
English
Publication Date:
May 8, 2013
ISBN/ISSN:
9781484318089/1934-7685
Stock No:
1URYEA2013001
Pages:
60
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