Tag: Uruguay GDP

• Friday, April 16th 2021 - 09:22 UTC

  Uruguay's GDP expectations lowered amid pandemic

  

  Uruguay's Center for Economic Research (CINVE) Thursday submitted its latest report, which showed a projected Gross Domestic Product lowered from previous expectations, given the economic consequences of measures taken to curb the spread of the coronavirus pandemic.

• Friday, March 27th 2015 - 08:57 UTC

  Uruguay's economy expanded 3.5% in 2014, completing over a decade of sustained growth

  

  Uruguay's GDP expanded a strong 3.5% during 2014 over the previous year, with positive activity in most sectors of the Mercosur member economy, according to the latest report from the Central bank. The result was in line with government officials expectations of 3% growth last year.

• Wednesday, October 8th 2014 - 08:16 UTC

  Whoever wins Uruguayan election, no major changes in policy, says US bank

  

  Under the heading of “Emerging markets prospects and strategy” the US bank group JPMorgan-Chase states that no matter who wins in Uruguay's 26 October presidential election, “we do not expect significant changes in the framework of current policy”.

• Tuesday, September 16th 2014 - 05:25 UTC

  Uruguay's economy expands 3.7% during the second quarter over a year ago

  

  Confirming ten years of sustained expansion the Uruguayan economy advanced 2% in the second quarter over the first quarter and 3.7% over the same period a year ago, according to the latest reports from the Central bank.

• Monday, June 2nd 2014 - 08:21 UTC

  Moody's upgrades Uruguay's rating to Baa3, based on reduced 'vulnerabilities'

  

  Moody's Investors Service last Friday announced it had upgraded Uruguay's government bond rating to Baa2 from Baa3, and assigned a stable outlook to the Baa2 rating. The upgrade was driven by the strengthening of Uruguay's sovereign credit profile, as reflected by the convergence of fiscal and debt metric, an overall government debt profile that is currently associated with moderate credit risks, and the country's reduced vulnerabilities to regional and commodity shocks.

• Friday, February 21st 2014 - 08:05 UTC

  Uruguay lowers growth estimate for 2014 to 3% of GDP; inflation still a challenge

  

  Uruguay's GDP this year is expected to expand by 3%, below the original estimate of 4%, according to Economy minister Mario Bergara currently in the United States on a tour to promote investments in the country and who was interviewed by Bloomberg.

• Friday, March 8th 2013 - 07:50 UTC

  IDB approves largest financial operation for Uruguay: 550 million dollars

  

  The Inter-American Development Bank (IDB) has approved a 550 million dollars operation for Uruguay to fund the Program for Strategic International Positioning, which aims to substantially increase investment and exports by strengthening the regulatory and institutional framework, promoting and facilitating trade, and boosting entrepreneurial innovation.