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Montevideo, June 10th 2023 - 03:13 UTC

Tag: Azucena Arbeleche

  • Thursday, June 8th 2023 - 10:55 UTC

    Fitch upgrades Uruguay's rating

    Uruguay Economy Ministry Azucena Arbeleche

    Thanks to Uruguay's ”solid fiscal performance that allowed it to absorb the shock of the Covid-19 pandemic, added to the track record of compliance with the fiscal framework, which has improved its credibility, increased resilience to economic shocks and reduced the risk of a potential increase in the stock of public debt.

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  • Thursday, April 27th 2023 - 10:27 UTC

    How well did Uruguay do with S&P's latest ratings?

    Arbeleche said there were four basic reasons for the new grading

    The credit rating agency Standard & Poor's Wednesday upgraded Uruguay BBB+, with a stable outlook, the highest level in the country's history, it was announced. This index reflects the level of risk involved in lending money to governments according to their economic conditions.

  • Wednesday, March 22nd 2023 - 10:11 UTC

    IDB loan for Uruguay to strengthen post-pandemic public policy and fiscal management

    IDB president Illan Goldfajn and Uruguay's Economy and Finance Minister Azucena Arbeleche sign the US$ 145 million loan agreement

    The Inter American Development Bank, IDB, president Illan Goldfajn and Uruguay's Economy and Finance Minister Azucena Arbeleche signed a US$ 145 million loan agreement for the Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis

  • Tuesday, March 14th 2023 - 10:13 UTC

    Uruguay to up border controls in fight against drug trafficking

    “Controls at ports and border crossings are fundamental,” Arbeleche said

    Uruguayan Customs authorities are to deploy three new state-of-the-art scanners for border control, Economy and Finance Minister Azucena Arbeleche announced Monday during the opening of the VIII Regional Meeting of the Global Container Program for Latin America and the Caribbean. The plan is an initiative of the United Nations Office on Drugs and Crime and the World Customs Organization.

  • Tuesday, February 14th 2023 - 10:50 UTC

    Financial Times full of praise for Uruguay

    Finance Minister Azucena Arbeleche was behind the achievements British media found worth highlighting

    When looking for a global model, the Financial Times (FT) came up with Uruguay this week while the South American country's so-called “green bond” tied to environmental goals became the “Latin American Bond of the Year in 2022” according to the International Financial Review (IFR).

  • Saturday, November 12th 2022 - 10:41 UTC

    Argentina's prices too difficult to match, Uruguayan president admits

    Lacalle and Arbeleche discussed sending a bill to Congress to change the border law. Photo: Uruguayan Presidency

    Uruguayan President Luis Lacalle Pou Friday insisted his country could not compete with Argentina's prices due to the difference in currency exchange rates and pledges to advance new measures to help businesses in bordering areas heavily affected by residents doing their shopping on the other side.

  • Tuesday, October 18th 2022 - 10:09 UTC

    Arbeleche says Uruguay going through economic recovery

    Arbeleche said Uruguay holds private entrepreneurship in high regard

    Uruguay's Economy Minister Azucena Arbeleche Monday underlined her country was going through a process of economic recovery despite the global scenario.

  • Thursday, October 13th 2022 - 21:07 UTC

    Uruguayan Economy minister highlights the importance of climate actions

    There will come a time when international trade will penalize countries that do not sustainably produce their goods and services, Arbeleche warned

    During her appearance in Washington DC at the Center for Global Development (CGD), Uruguay's Economy Minister Azucena Arbeleche Thursday highlighted the importance of inclusive and sustainable growth.

  • Tuesday, June 28th 2022 - 09:45 UTC

    Uruguay foresees economic growth, job creation and tax cuts

    If there is a growth higher than projected, there must be a decrease in taxes, Arbeleche explained

    Uruguay's Economy Minister Azucena Arbeleche Monday said the Government foresees a 4.8% growth in 2022 and the creation of 40,000 jobs, which would make the lowering taxes feasible.

  • Monday, May 23rd 2022 - 23:54 UTC

    Lacalle Pou with a green message in London: Uruguay “is among the strongest democracies in the world”

    While Britain watches the latest episode of the Boris Johnson Show, President Lacalle Pou presents an innovative green agenda

    By Graham Bound for MercoPress (London) – Only on the most serene of news-days might a visit to the United Kingdom by the President of Uruguay make headlines in the country’s newspapers and broadcast bulletins. For a little while it actually looked as if there might be just such a benign news environment. But as President Luis Lacalle Pou took his seat at Canning House, the Latin America and Iberia think tank, on Monday evening to deliver a lecture titled “Uruguay, a Reliable Gateway to South America – Opportunities in Green Finance”, he must have known that he had been totally eclipsed by his host, the British Prime Minister Boris Johnson.