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Montevideo, June 16th 2024 - 00:07 UTC



Uruguay's fiscal deficit steady at 1.6% of GDP; lack of rains fuels power bill

Thursday, June 2nd 2011 - 00:46 UTC
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Uruguay’s fiscal deficit increased 0.7 percentage points of GDP in April reaching 1.6% of GDP in the accumulated twelve months, reports the Ministry of Economy and Finance. The 1.6% of GDP is the fiscal budget deficit target established by the government for the whole of 2011, which was recently increased. Read full article


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  • Forgetit87

    By comparison, US fiscal deficit in 2010 stood at 11% of GDP.

    Jun 02nd, 2011 - 02:05 am - Link - Report abuse 0

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