Cover IMF Staff Country Reports
Uruguay: Second Review under the Stand-By Arrangement, Requests for Modification, Waiver of Nonobservance and Applicability of Performance Criteria, and Extension of Repurchase Expectations in the Credit Tranches
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar
PubMedClose
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2006: Issue 123
Language:
English
Publication Date:
24 Mar 2006
DOI:
https://doi.org/10.5089/9781451839333.002
ISBN:
9781451839333
ISSN:
1934-7685
Pages:
84
Keywords:
ISCR; CR; recapitalization plan; government; central bank; end-December PC; authorities' intention; reform legislation; inflation expectation; International reserves; Credit; Exports; Global
Download PDF (2.7 MB) Download Epub
Uruguay’s Second Review Under the Stand-By Arrangement and Requests for Modification, Waiver of Nonobservance and Applicability of Performance Criteria are discussed. Growth remains robust, inflation is subdued, and the external position continues to strengthen, with buoyant exports and upward pressure on the peso. Fiscal performance has been better than expected, with public debt continuing to fall as a percentage of GDP. Structural reforms are also progressing well, with key new reform initiatives under way in several areas.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2006: Issue 123