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MercoPress, en Español

Montevideo, November 24th 2024 - 12:51 UTC

Tag: Economy minister Uruguay

  • Wednesday, June 5th 2019 - 21:00 UTC

    Uruguay: Finances don't grow; Economy Minister estimates an improvement for the second semester, as Macri did

    The government of Uruguay recognizes that it must work to resume better levels of growth. Provide greater incentives to investors and entrepreneurs was the method set to change the course.

    Uruguay is experiencing, in recent months, a marked drop in investment and the generation of employment. Uruguayan Economy Minister Danilo Astori admitted Wednesday the fall of public accounts, with an annualized fiscal deficit in April that was 4.8% of GDP, and opted to provide greater incentives to investors and entrepreneurs. The Uruguayan press accuses the government of betting on the hope that the results will begin to be felt in the second half of the year, as it was heard a while ago in Argentina under the administration of President Mauricio Macri.