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Montevideo, June 27th 2022 - 09:34 UTC

Tag: IMF report Uruguay

  • Tuesday, March 3rd 2015 - 06:34 UTC

    Uruguay's economy vulnerabilities: inflation and budget deficit, says IMF report

    Above-target inflation leaves little room for a countercyclical monetary policy response

    The Uruguayan economy is decelerating gradually after a decade of strong and inclusive growth. Export receipts are growing at a markedly lower clip than a few years ago and domestic demand growth is slowing towards a more sustainable pace. At the same time, inflation remains above the target range and the primary fiscal balance has weakened further in 2014.