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Uruguay: 2001 Article IV Consultation and First Review under the Stand-By Arrangement — Staff Report; Public Information Notice and News Brief on the Executive Board Discussion
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2001: Issue 046
Language:
English
Publication Date:
15 Mar 2001
DOI:
https://doi.org/10.5089/9781451839210.002
ISBN:
9781451839210
ISSN:
1934-7685
Pages:
63
Keywords:
ISCR; CR; economy; stand-by credit; cost; adjustment effort; Uruguay's performance; executive board discussion; U.S. dollar; oil import cost; Public sector; Government debt management; Loans; Asia and Pacific
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After the recession, Uruguay continued to face difficult economic conditions under the Stand-By Arrangement. Executive Directors emphasized the need to promote sustainable growth with low inflation and high employment. They welcomed Uruguay's continued commitment to trade liberalization, and stressed the need for fiscal discipline, improved competitiveness, strong fiscal and monetary policies, structural reforms, and measures to strengthen the performance of public enterprises. They observed that the country's economic statistics are adequate for the assessment and monitoring of macroeconomic policies.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2001: Issue 046