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Uruguay must address fiscal policy (and inflation) suggests leading private bank

Tuesday, December 17th 2013 - 19:10 UTC
Full article 2 comments

The US dollar is poised to continue consolidating during 2014 in Uruguay, and will most probably by the end of the year reach 24 Pesos from the current 21 Pesos, according to Itaú, one of the leading private banks in the country, which also warned about inflation and the fiscal deficit. Read full article

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  • ChrisR

    What this guy says has merit, but he has missed the point.

    Vasquez stepped down from the presidency and left the economy in the best state it had been for a considerable time.

    Enter Pep le Puke and his band of drunken, thieving Tupamaros. Together they fucked the economy big-time and have left a legacy of economic incompetence that will most likely take two generations to pay off.

    And for what? (Roll of drums) The social inclusion bollocks that helps “The Poor” make the rest of the country poor as well.

    That is what you get when you elect a ‘man of the people’ to high office which requires an intellect, literacy and honesty. The people aka the poor, did not realise that Pepe was as stupid as them and now he has opened the flood gates of social inclusion they will be very hard to close until the lack of money closes them forever.

    No amount of careful consideration by others to help the country at this time can ever overcome these stupid fuckers in government. At least it won’t be much longer now.

    Dec 18th, 2013 - 09:08 pm - Link - Report abuse 0
  • LuisM

    Somewhat Uruguay have managed to stay clear of the Argentinian chaos, but we are closing now. A pity.

    Dec 19th, 2013 - 01:06 am - Link - Report abuse 0

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