Uruguay: 2011 Article IV Consultation

December 29, 2011

Preview Citation

Format: Chicago

Uruguay: 2011 Article IV Consultation, (USA: International Monetary Fund, 2011) accessed September 18, 2024

Summary

This 2011 Article IV Consultation highlights that the growth momentum in Uruguay has continued into 2011 but a slowdown is under way, led by weaker exports and slower public investment. Uruguay’s economic and financial vulnerabilities are modest, and the government has reduced debt vulnerabilities significantly and built important financial buffers. Executive Directors have commended authorities’ skillful macroeconomic management that has underpinned Uruguay’s excellent economic performance, lowered public indebtedness, and strengthened buffers against shocks.

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

Keywords: Baseline outlook, CR, Debt vulnerability, Fiscal stance, Global, Government, IMF staff calculation, Inflation, Inflation expectation, ISCR, Labor market framework, Productivity challenge, Public sector, Western Hemisphere

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/375
Stock No:

1URYEA2011003
ISBN:

9781463926595
ISSN:

1934-7685

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