Uruguay central bank admits inflation remains the main concern and pledges monetary contraction

Friday, July 11th 2014 - 01:37 UTC

Full article 1 comment

Uruguay's Central bank confirmed that inflation remains the leading challenge and ratified the current monetary contractive policy with the M1 money supply index converging to 8% from its current 10.4%, in a 'not too distant horizon'. Read full article

Comments

Disclaimer & comment rules

ChrisR
“the budget deficit has climbed to 3.3% of GDP, which is the highest Uruguay has experienced since the 2002 banking crisis, when the Uruguayan economy was saved from melting with a bridge-loan from the George Bush administration.”

What can you expect when you have an illiterate AND innumerate, murdering, commie bastard who gives away taxpayer's money to the idle bastards known as “the poor”.

These morond never worked at school and have never worked sinced leaving school, but they can all smoke and drink their heads off AND afford LED TV's.

But it will never happen because this year is an election year.

Bunch of fucking tossers, all of the Broad Fraud.
Jul 11th, 2014 - 05:44 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!