Uruguayan economy forecasted to expand 4% to 4.5%; inflation main challenge

Monday, March 5th 2012 - 05:50 UTC

Full article 2 comments

Uruguay's economy is poised to expand 4% to 4.5% this year, a moderate slowdown from the growth of just over 6% seen in 2011, the president of the central bank Mario Bergara told reporters during an IMF conference held in Punta del Este. Read full article

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ChrisR
Getting out from under Argentina and opening exports to the rest of the world, in breach of Mercosur agreements if necessary, is the real key for the fiscal future of my adopted country.

Couple this with a determined effort to reduce the fiscal drag of government employees and those who get paid by Intendencias but do not turn up for work anyway (and even I know who they are) is also vital to the long term wealth of the country.
Mar 05th, 2012 - 09:02 pm - Link - Report abuse 0
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Ernie4001
Uruguay needs to be more competitive out of Mercosur umbrella, why not try free trade agreements with Peru, Chile and Colombia?
Mar 06th, 2012 - 02:22 am - Link - Report abuse 0
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