Uruguay: 2016 Article IV Consultation-Press Release and Staff Report
IMF Staff Country Reports, February 1, 2017
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- Uruguay: 2016 Article IV Consultation-Press Release and Staff Report
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Bibliographic details
- Published: February 1, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475573589.002
Macro outlook and growth projections
- Real growth is estimated at 1.2 percent in 2016.
- Real growth is projected to reach 1.4 percent in 2017, as the external environment strengthens, together with private consumption.
- The economic slowdown has bottomed out in 2016 and there are signs that the economy is on an incipient recovery path.
- Uruguay is demonstrating resilience in the face of recessions in its large neighbors.
Financial stability and banking sector
- Financial stability risks are limited.
- Nonperforming loans remain relatively low, at 3.5 percent of total loans.
- Provisions are high.
Scope and subjects covered
- Subjects: Credit, Economic sectors, Fiscal policy, Fiscal stance, Inflation, Money, Prices, Public debt, Public sector.
- Keywords: consumer price index, CR, Credit, deficit, executive board assessment, Fiscal stance, Global, hard-won credibility, Inflation, inflation inertia, Inter-American Development Bank, ISCR, Public sector, public sector deficit, staffs appraisal, Uruguay, Uruguay FCPF, Uruguay public sector institution.
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- Country Report