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Montevideo, Uruguay

Legislative Palace, Montevideo. Wikimedia Commons.

Uruguay Resident Representative Site

Resident Representative Office in Uruguay

This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Uruguay and the IMF. Additional information can be found on Uruguay and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Uruguay.

News and Highlights


Strong Recovery in Latin America, But Eye on Overheating

With many Latin American and Caribbean economies recovering faster than anticipated, the challenge for policymakers is ensuring a moderation in domestic demand to avoid overheating, the IMF said. click for more

Larger Latin American Economies Recovering Faster than Expected

Latin American countries are recovering more strongly than expected from the global recession, but the pace of that recovery varies across the region, said Nicolás Eyzaguirre, Director of the IMF’s Western Hemisphere Department. click for more

Post-Crisis Bank Behavior: Lessons from Mercosur

Working Paper by Sanya, Sarah O. | Mlachila, Montfort click for more

Uruguay and The IMF

Uruguay: Staff Concluding Statement of the 2015 Article IV Mission

December 10, 2015
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments. click for more

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries — Background Paper — Country Experiences

October 27, 2015
Subject: Monetary policy | Albania | Armenia | Ghana | India | Kenya | Peru | Rwanda | Uganda | Uruguay | Sub-Saharan Africa | Emerging markets | Cross country analysis | Background papers click for more

Transcript of the Western Hemisphere Department Press Briefing

October 7, 2015

Transcript of the World Economic Outlook Press Conference

October 6, 2015

A Model for Monetary Policy Analysis in Uruguay

July 23, 2015
Author/Editor: Rafael Portillo ; Yulia Ustyugova
Series: Working Paper No. 15/170
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Regional Economic Outlook: Western Hemisphere

image from the publication cover

The economic outlook for Latin America and the Caribbean remains very challenging. Regional growth is projected to decline for a fifth consecutive year in 2015, dipping below 1 percent. Weakness is concentrated among South America's commodity exporters, where falling global commodity prices have compounded country-specific challenges. Meanwhile, growth is projected to be steady or stronger for most of the Caribbean, Central America, and Mexico, supported by lower oil bills for importers and robust economic recovery in the United States. The analysis in this report examines core challenges facing the region: the impact of lower commodity prices on fiscal and external positions, the drivers of the slowdown in investment, and the role of economic diversification for longer-term growth prospects. Click for more