IMF Staff Country Reports

Uruguay: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Uruguay

October 30, 2025

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Uruguay: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Uruguay", IMF Staff Country Reports 2025, 287 (2025), accessed 12/6/2025, https://doi.org/10.5089/9798229027991.002

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Summary

After a severe drought in 2023, Uruguay’s economy rebounded strongly in 2024 driven by a surge in agricultural exports. A new administration led by president Yamandú Orsi took office in March 2025, marking the return of the Frente Amplio coalition to power. The new administration’s agenda seeks to balance inclusive growth with macroeconomic stability, boosting private investment and strengthening social protection.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Crime, Exports, Inflation, International trade, Money, Prices

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Caribbean, Central America, CFT capacity, CFT regime, Credit, Exports, Global, Inflation, inflation expectation, labor market, monetary policy framework, South America