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Montevideo, November 18th 2024 - 03:27 UTC

Tag: Uruguay fiscal deficit

  • Thursday, October 2nd 2014 - 07:06 UTC

    Uruguay's fiscal deficit 'relatively' stable at 3.3% of GDP

    Lesser revenue from government and the private sector help to explain the 'relativity' of the situation

    Uruguay's fiscal deficit in the twelve months to August was equivalent to 3.3% of GDP, or 1.725bn dollars according to the latest release from the Economy and Finance ministry. However the primary deficit (before debt payments) was 202 million dollars or 0.39% of GDP.