IMF Staff Country Reports

Uruguay: Staff Report for the 2013 Article IV Consultation

January 10, 2014

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International Monetary Fund. Western Hemisphere Dept. "Uruguay: Staff Report for the 2013 Article IV Consultation", IMF Staff Country Reports 2014, 006 (2014), accessed 12/6/2025, https://doi.org/10.5089/9781484341179.002

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Summary

This Information Annex highlights that in August 2011, the Inter-American Development Bank’s Board of Executive Directors approved the new Country Strategy with Uruguay (2010–15). Sovereign-guaranteed lending under the new program is expected to reach approximately US$1.8 billion, which is considered consistent with Uruguay’s five-year budget. The program includes additional nonreimbursable financing for technical assistance and analytical work. Lending under the previous Country Strategy (2005–09) reached approximately US$1.3 billion. It is expected that all four of the Inter-American Development Bank’s private sector windows will approve loans and technical assistance in the energy, transport, agribusiness, and global services sectors.

Subject: Banking, Economic sectors, External debt, Fiscal policy, Fiscal stance, Inflation, Prices, Public debt, Public sector

Keywords: above-target inflation, country, CR, debt, debt profile, decade Uruguay, Europe, Fiscal stance, Global, IMF staff calculation, Inflation, ISCR, monetary policy stance, policy, Public sector, regime, Uruguay